Latest Update: Fed's Preferred Inflation Measure Shows 0.2% Rise in April

Friday, 31 May 2024, 12:33

The latest data on the personal consumption expenditures price index for April reveals a 0.2% increase in the Fed's preferred inflation measure, aligning with expectations. This signals a steady inflation rate of 2.7% over the past 12 months, indicating stability in the economy's pricing dynamics. The report suggests a maintained balance in the inflationary trends, providing insights into the current economic conditions and potential monetary policy adjustments.
https://store.livarava.com/4e4ed5b1-1f4a-11ef-a3f2-9d5fa15a64d8.jpg
Latest Update: Fed's Preferred Inflation Measure Shows 0.2% Rise in April

The latest data on the personal consumption expenditures price index for April

The personal consumption expenditures price index for April was anticipated to show an inflation rate of 2.7% over the past 12 months.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe