Federal Reserve Bank of San Francisco: Fed Views Publishes Oct. 24 Edition
November 06, 2024
November 06, 2024
SAN FRANCISCO, California, Nov. 6 -- The Federal Reserve Bank of San Francisco issued the following Oct. 24 edition of Fed Views by Sylvain Leduc:
Here are excerpts:
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* The economy appears to be approaching a soft-landing. The 12-month change in the headline personal consumption expenditures (PCE) price index declined markedly over the past two years from 7.2% in June 2022 to 2.2% in August 2024. The most recent reading is just slightly above the Fed's . . .
Here are excerpts:
* * *
* The economy appears to be approaching a soft-landing. The 12-month change in the headline personal consumption expenditures (PCE) price index declined markedly over the past two years from 7.2% in June 2022 to 2.2% in August 2024. The most recent reading is just slightly above the Fed's . . .