inflation

Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious

U.S. personal consumption expenditures index rose by 2.6 percent in May after a 2.7 percent rise in April

The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession

Investors today await the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure
