Federal Reserve Messenger: Core PCE inflation began to worsen in June, with some indicators even worse than at the beginning of last year's interest rate cuts

According to BlockBeats, on July 31st, Nick Timiraos, the "voice actor" of the Federal Reserve, stated that "core PCE inflation looks to be worsening in June, not better than when the Fed started cutting interest rates last year, and even worse by some indicators. The three-month annualized rate of the core PCE price index in June was 2.6% (compared to 2.3% in the same period last year). Calculated on a 6-month annualized basis, this figure is 3.2% (compared to 3.3% in the same period last year). (Golden Ten)