Inflation Drops in June 2024

The June 2024 Consumer Price Index (CPI) report has brought some significant news: inflation has fallen for the first time since 2020. The CPI declined by 0.1% from May and posted a 3.0% annual increase, surpassing economist expectations. Core inflation, which...
Breaking Economic News: May PCE Data

Breaking Economic News: May PCE Data

The latest PCE data shows inflation cooling to its lowest rate since March 2021. Core PCE rose just 2.6% year-over-year in May, signaling that the Fed’s monetary policy might be working. Key takeaways: Monthly core PCE up 0.1% Headline inflation flat for the...