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Trump’s Claim “Prices Are Coming Down Very Fast” Shattered by PCE Report

Let’s discuss the Fed’s preferred measure of inflation vs. Trump’s claims. PCE Year-Over-Year Inflation, PCE, PCE Services, PCE Goods, Core PCE PCE Year-Over-Year Inflation Details PCE: 3.6 percent, bottomed at 2.3 percent in March 2025 PCE Goods: 3.9 percent, bottomed at -1.2 percent in September 2024 PCE Services: 3.5 percent, bottomed at 3.3 percent in …