The Inflation Paradox: When Higher Prices Are Still Not High Enough The Federal Reserve's latest inflation numbers have cast a spotlight on the central bank's ongoing debate about interest rates.
Beneath this surface, however, lies a more nuanced story that highlights the complexities of economic data and the Fed's delicate balancing act.
One key statistic at play is the Personal Consumption Expenditures (PCE) index, which measures inflation by tracking changes in consumer spending. The July numbers showed a core PCE increase of 3.