Fed Inflation Gauge Approaches 4% Threshold Amid Energy Market Volatility
Rising Energy Costs Fuel Inflationary Pressures The Federal Reserve‘s preferred inflation metric, the Personal Consumption Expenditures (PCE) price index, is rapidly approaching the 4% threshold as ongoing geopolitical conflicts trigger a sharp surge in global energy costs. Economists and market analysts warn that the sustained volatility in oil and gas markets is no longer a…