Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
The situation has many on Wall Street scratching their heads about why the inverted curve has been so wrong this time
As the frontrunner for the Democratic party’s nomination, Kamala Harris will have to run, for better or worse, on President Joe Biden’s economic record.