Is Inflation Really Slowing? What January’s PCE Data Means for Markets
From wsj.com
Watch this video at
https://www.forexfactory.com/news/1270076-is-inflation-really-slowing-what-januarys-pce-data.
January’s PCE report showed inflation is falling toward the Fed’s 2% target, but the overall economy may be slowing with it. WSJ’s Dion Rabouin breaks down the data showing household spending declined and was negative based on one metric. Photo: Seth Wenig/Associated Press