Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines

Biztoc.com - 7 november 2024

Inflation Still Plagues Restaurants, Services, and Housing, Even as National Rate Declines

The personal consumption expenditures index, which tracks spending on many everyday household needs, shows stubbornly high prices, even as the Fed’s overall rate edges back to its 2 percent target.

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