Breaking Down the Numbers: Total PCE Inflation Inches Towards Fed’s 2% Target by 2024

U.S. Consumer Inflation Approaches 2% Target What the Numbers Say In September 2024, U.S. consumer inflation moved closer to the Federal Reserve’s target of 2% as year-on-year total Personal Consumption Expenditure (PCE) inflation dropped to 2.1%. While total PCE inflation slowed down, core PCE inflation, which excludes volatile food and energy prices, remained steady at…

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Maximizing Success: A Guide to Professional, Educated, and Profit-Focused Strategies for Blogging and Engaging Readers

The Impact of the US Presidential Election on Consumer Spending Introduction With polls showing a close race between former President Donald Trump and Vice President Kamala Harris less than a week ahead of the US presidential election, many are speculating on how the outcome will affect various aspects of the economy. One key area of…

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