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Fed’s Key Inflation Gauge Jumps 0.5% in September, America’s Rising Costs to ‘Punish’ Democrats

Post author:MiamiCrypto
Post published:October 30, 2022
Post category:75 basis points 75bps analyst BEA Bureau of Economic Analysis CPI Economics Economist inflation Inflation Data Ingrid Jacques Jeff Cox Laura Rosner-Warburton Macropolicy Perspectives PCE September September inflation Stacey Abrams U.S. Commerce Department United States Inflation US

The U.S. central bank’s key inflation gauge, the personal consumption expenditures (PCE) price index, increased by 0.5% in September, according to data released by the U.S. Commerce Department on Oct.…