Inflation Trends: A Sigh of Relief
Inflation Trends: A Sigh of Relief October’s Update: The Personal Consumption Expenditures (PCE) Index shows that headline inflation was stable for the month, with a year-over-year decrease from 3.4% to 3%. Even more promising, Core PCE, the Fed’s preferred measure, dropped to its lowest level in over two years. What This Means: We’ve seen significant progress in […]