Fed’s favorite PCE price gauge set to show slower inflation and raise odds of rate cut
The first decline in consumer prices in four years is just a starter dish for the Federal Reserve. The bank’s appetite to cut U.S. interest rates won’t be fully sated until it gets more weak readings from its favorite inflation gauge.
The first decline in consumer prices in four years is just a starter dish for the Federal Reserve. The bank’s appetite to cut U.S. interest rates won’t be fully sated until it gets more weak readings from its favorite inflation gauge.
