Inflation is Cooling Off: A Glimpse of Economic Stability ☀️
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📰 Highlights Inflation is finally starting to show signs of easing on both sides of the Atlantic. The moderation of inflation is a significant development that alleviates pressure on consumers and provides central banks with some breathing room. Core PCE, the Federal Reserve's preferred inflation gauge, has held steady at 2.4% for the past three months, which is within striking distance of the Fed's target of 2%.
Inflation is Cooling Off: A Glimpse of Economic Stability ☀️
Inflation is Cooling Off: A Glimpse of…
Inflation is Cooling Off: A Glimpse of Economic Stability ☀️
📰 Highlights Inflation is finally starting to show signs of easing on both sides of the Atlantic. The moderation of inflation is a significant development that alleviates pressure on consumers and provides central banks with some breathing room. Core PCE, the Federal Reserve's preferred inflation gauge, has held steady at 2.4% for the past three months, which is within striking distance of the Fed's target of 2%.