Services Costs Drag Fed's Favorite Inflation Signal To 3-Year Highs, Savings Rate Holds Near Lows
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Source: Zero Hedge
Published: 2026-06-25 22:45 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, Food & Agriculture, Business & Economy
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Snippet:
After accelerating in March and April, The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - was expected to rise once again in May.
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