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 Nears Monthly Peak Amid Rising US Yields and Anticipation of Rate Cuts READ MORE Gold's Appeal Grows: Survey Shows Investors Increase Gold Allocations READ MORE From Treasuries to Gold: China's Shifting Reserve Strategy READ MORE Macquarie: Gold Outperforms Despite Diminished Rate Cut Expectations READ MORE Where to Sell Silver [Coin Dealer or Pawn Shop?] READ MORE Add a Comment Cancel replyYour email address will not be published.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