The Personal Consumption Expenditures (PCE) index rose by 6.8% in the year through June, the fastest rate since 1982. See the potential biases and similarities in reports from marketwatch, foxbusiness and nytimes:
measures the prices that people in the United States pay for goods and services
, and is the Federal Reserve's preferred gauge for price inflation. Core prices, which exclude the more volatile measurements of food and energy, rose 0.6% from the previous month and 4.8% on an annual basis, according to the Commerce Department. Both numbers were higher than economists predicted.employers spent 5.1% more on compensating workers
in the second quarter of 2022 compared with the same period a year earlier, which marked the fastest annual pace on records back to 2001.more prominently than right-rated sources did, which instead tended to
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