An Inflation Head-Fake?

Prices of many services are heating up again. Last week, we learned that the Fed’s preferred inflation gauge—the core personal consumption expenditures (PCE) price index—rose by 2.8% year-over-year in January. That’s the slowest annual rate since March 2021 and not too far off the Fed’s target of 2%. But a closer look reveals that inflation [...] The post An Inflation Head-Fake? appeared first on ETF Trends .