The news out of the Bureau of Economic Analysis for May was about as good as it could get if one is an investor or a Federal Reserve Bank governor. The monthly “Personal Income And Outlays” report for May, released June 28, showed the Personal Consumption Expenditure Price Index rose less than 0.1% during the…
Consumer PCE Inflation Was Flat In May, BEA Revises 1Q-24 Real GDP Growth Estimate Higher
