Fed’s Preferred Inflation Number Cooled Overall in June
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
Participation in the labor force has surged among women in their prime working years. But for those with children under 5, the gains may have peaked.