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crypto3.7 %The Fed faces PCE inflation at 3.7% and a US GDP decline to 1Confirmed · 2 sources

The Fed faces PCE inflation at 3.7% and a US GDP decline to 1.5%

US PCE inflation rose to 3.7% year-over-year in July, according to the latest data.

Published 8h2 sourcesConfirmedMajorupdated 4h
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1.5 %
7% and a US GDP decline to 1.5%

The fact

US GDP for the second quarter declined to 1.5%, signaling an economic slowdown.

These figures could influence the Federal Reserve's interest rate decisions in the coming months.

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