Overall PCE inflation was 2.3% year over year as of August 2024, with core PCE inflation at 2.7%. After soaring to 6.5% in 2022 and 3.7% in 2023, PCE inflation should post an annual average of 2.4% in ...
FOMC member and Cleveland Fed President Loretta Mester echoed comments from Fed Chairman Jerome Powell that there is a long ways to go to improve inflation. Here’s a look at what Mester had to say ...
Inflation measures how much more expensive a set of goods and services has become over a certain period, usually a year It may be one of the most familiar words in economics. Inflation has plunged ...
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