Federal Reserve Bank of San Francisco: Fed Views Publishes Sept. 7 Edition
September 08, 2023
September 08, 2023
SAN FRANCISCO, California, Sept. 8 -- The Federal Reserve Bank of San Francisco issued the following Sept. 7, 2023, edition of Fed Views by Sylvain Leduc, executive vice president and director of research:
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* Over the past year, substantial progress has been made in bringing inflation down. The 12-month headline personal consumption expenditures (PCE) inflation rate in July was 3.3%, down from a peak of 7% in June 2022. Core PCE inflation, which removes volatile fo . . .
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* Over the past year, substantial progress has been made in bringing inflation down. The 12-month headline personal consumption expenditures (PCE) inflation rate in July was 3.3%, down from a peak of 7% in June 2022. Core PCE inflation, which removes volatile fo . . .