One factor that kept PCE inflation elevated in 2023 and 2024: The stock market
September 23, 2025
September 23, 2025
CLEVELAND, Ohio, Sept. 23 -- The Federal Reserve Bank of Cleveland issued the following news release:
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One factor that kept PCE inflation elevated in 2023 and 2024: The stock market
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Many items in the personal consumption expenditures (PCE) price index are influenced by developments in the labor market, but some "non-market" items tend to move with the stock market - which helped keep overall PCE inflation elevated in recent yea . . .
* * *
One factor that kept PCE inflation elevated in 2023 and 2024: The stock market
*
Many items in the personal consumption expenditures (PCE) price index are influenced by developments in the labor market, but some "non-market" items tend to move with the stock market - which helped keep overall PCE inflation elevated in recent yea . . .