A key measure of inflation rose more in the first half of the year than previously believed, government data released Thursday showed.
The PCE price index is the Fed’s preferred measure of inflation. When the Fed says it targets two percent inflation, it is referring to the PCE index. It tends to follow the same dynamic as the Consumer Price Index over time, although it is usually somewhat lower. Prices of nondurable goods, including food and gasoline, rose 15.2 percent in the first quarter and 15.7 percent in the second, up from the prior estimate of 15.0 percent and 15.5 percent.
Breitbart News is an oxymoron
New suit in Ohio makes it clear: Forcing minors to carry their rapists’ fetuses is not ‘pro-life’ Vote Democrats.
SHOCKING NEWS.
Like anyone is surprised.
On track to be like early 80s, 12% home loans, get 10% increase and lose buying power was not fun starting a family, but at least the government did not force it to happen on PURPOSE!
Breitbart...🤣🤣🤣
The 5 dollar foot long while Trump was president is now the 7.45 foot long since biden stole the office
🖕 Biden
If I've learned anything from the Obama admin that this admin mimicks is don't ever believe the initial numbers on things like inflation, unemployment, jobs reports because it would always change months down the lina and never in the positive.
Probably the further we go into Biden's Presidency the more likely all of his present and future disastrous policy failures will be blamed on his predecessor.
It’s just minor like a little inch according to Biden.
😭
Just an inch🤡
Of course
At least 20% -30%
More regulation and spending will help right?
A little adjustment to inflation rates; upward.
And 401ks fell sharply
Any person who is in the real world could’ve told you that! I’ve been saying it for months.
Change in the definition of inflation pending from the White House.
Believed, by whom?