July PCE Data Reinforces Powell's Stance on Potential Rate Cuts The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, rose 0.2% in July and 2.5% year-over-year, slightly below expectations. Core PCE, which excludes volatile food and energy prices, increased 0.2% for the month and 2.6% annually. These figures suggest a gradual easing of inflationary pressures, potentially influencing the Fed’s future monetary policy decisions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Nasdaq Breaks 17,000 Mark, S&P 500 Slightly Up, Dow Drops Amid Rising Yields READ MORE Gold Price hits new All Time Highs amid huge increase in Volatility READ MORE Fed's Latest Stress Test Scenarios: Banks Brace for Hypothetical Global Recession READ MORE Bank of Japan Takes Center Stage in Crucial Week for Global Markets READ MORE Iran’s Currency Hits a Record Low READ MORE Add a Comment Cancel replyYour email address will not be published.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