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Wolf Street
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PCE Inflation Accelerates. But Tariffs Haven’t Shown Up Yet: Why the Fed Is in Wait-and-See Mode
https://wolfstreet.com/2025/06/27/pce-inflation-accelerates-but-tariffs-havent-shown-up-yet-why-the-fed-is-in-wait-and-see-mode/
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The 6-month PCE price index accelerated to 2.8% annualized, despite dropping energy prices. It’s been 2.7% to 3.3% in 2025, sharply higher than in the 2nd half of 2024.
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