This is disappointing.
Fed holds key interest rate steady
版主: Nimitz
Re: Fed holds key interest rate steady
The Federal Reserve's preferred inflation measure — the Personal Consumption Expenditures, or PCE — ticked higher last month, signaling that President Trump's tariffs are pushing some prices higher.
Prices rose 2.6% in June compared with a year ago, the Commerce Department said Thursday, up from an annual pace of 2.4% in May. Excluding the volatile food and energy categories, prices rose 2.8% in the past year, the same as the previous month, which was revised higher.