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PCE Inflation Eased in June – Eye On Housing

03/08/2026 · Article 🆕
After reaching a three-year high last month, the Federal Reserve's preferred inflation gauge eased in June following declines in energy prices amid a temporary truce with Iran. This marked the first monthly decline in six years. However, the resumption of conflict and a rebound in oil prices have reignited inflation concerns, suggesting this relief may…
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