Fed-favored PCE inflation gauge falls for first time since pandemic,… | HappeningNow.news

Business & Economy · 26 views

Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over

Lower gas prices after temporary Iran truce tugs inflation lower

Source AI Summary Published July 30, 2026 Brief Under 1 min brief
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AI Summary

The Personal Consumption Expenditures (PCE) inflation gauge, a key metric favored by the Federal Reserve, has declined for the first time since the pandemic.

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Read original at Marketwatch

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Part of PCE coverage 9 tracked stories

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