Two measures of inflation: August 2024

The BEA’s core personal consumption expenditures (PCE) price index for August showed that core inflation continued to be above the Federal Reserve’s long-term target of 2 percent at 2.7 percent. The core consumer price index (CPI) for August was higher at 3.2%. For a closer look at each of these versions, see the latest Consumer Price Index (…)

The post Two measures of inflation: August 2024 appeared first on ETF Trends.