Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
The main inflation barometer used to set U.S.
Key context
- Source
- MarketWatch — established analytical coverage
- Scope
- North America · US, IT
- Theme
- Markets, Rates, Growth
- Signals
- equity indices, credit spreads, implied volatility
Why it matters
The main inflation barometer used to set U.S. interest rates fell in June for the first time since the pandemic, underscoring why the Federal Reserve took no action this week to raise borrowing costs.
MarketsRatesGrowthInflationMonetary PolicyUSIT
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