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 Striking Gold: Could Miner's Returns Outpace Gold Bullion? READ MORE Record Gold Prices Fuel Modern-Day Gold Rush READ MORE Economists Anticipate Fed's Shift from Rate Hikes to Cuts READ MORE What Is Gold Liquidity and Why Is It Important? READ MORE IOU YOU: "Value in Gold, Fraud in Fiat" READ MORE Add a Comment Cancel replyYour email address will not be published.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