By Andrew Moran The Federal Reserve’s preferred inflation gauge was mixed last month, higher energy and food prices. The latest inflation measurement comes as the central bank prepares for a much-anticipated policy meeting next week. The personal consumption expenditure (PCE) price index eased to 2.5 percent in June, down from 2.6 percent in May, according […]
Tag: Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.
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