• 09/20/2024

As U.S. Economy Weakens, PCE Expected to Slow

Wall Street Journal

The Federal Reserve’s preferred gauge of consumer prices—personal-consumption expenditures core services ex-housing inflation—is likely to slow to 3.5% by the end of the year, from March’s 4.6%, says Capital Economics economist Andrew Hunter.

https://www.wsj.com/articles/as-u-s-economy-weakens-pce-expected-to-slow-c5594cb0