Inflation, as measured by the Personal Consumption Expenditure price index (PCE), rose 0.3% in April, while the closely-watched core PCE was up 0.2% over the month. On a yearly basis, the comparable growth rates were 2.7% for headline inflation and 2.8% for core. All of these rates hit market expectations; see CEA’s thread for details…
Source:www.whitehouse.gov
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Source:www.whitehouse.gov
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