The PCE headline makes inflation look stuck, but the trend is moving lower. The three-month run rate is near 2.2 percent, and hotter months are rolling out of the data. Growth is holding up without overheating.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate