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 Crude Market Heats Up: WTI Climbs 3.3% as Supply-Demand Gap Narrows READ MORE Caixin PMI Shows Surge in China Manufacturing, Despite Global Challenges READ MORE High Oil Prices Halt Biden's Plan to Replenish Strategic Reserve READ MORE Gold Nears Record High as Inflation Report Boosts Rate Cut Odds READ MORE Gold Milestone: Standard Gold Bar Hits $1 Million Mark READ MORE Add a Comment Cancel replyYour email address will not be published.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