Core PCE Index Slows to Six-Month Low, Balancing Inflation and Growth Concerns The Federal Reserve’s preferred inflation measure, the core personal consumption expenditures (PCE) price index, showed a slowdown in May, increasing by just 0.1% month-over-month. This deceleration, coupled with rebounding household spending and solid income growth, suggests that inflation might be cooling without significantly impacting consumer activity. This data supports the possibility of interest rate cuts later in the year and provides some reassurance to Fed officials amid recent signs of economic slowdown. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Dollar's Decline Fuels Gold's Advance; All Eyes on U.S. Economic Data READ MORE How Much Gold and Silver is Needed for Financial Crises READ MORE Mining Stocks Lag Behind as Gold Prices Shine: A Rally on the Horizon? READ MORE Starbucks, McDonald's Feel the Pinch as Diners Tighten Belts READ MORE Inflation Cools, But Debt Troubles Persist for Lower-Income Americans READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment