Dossier
personal consumption expenditures inflation
Coverage of personal consumption expenditures inflation in the Nexus archive.
- Fed Signals Possible Rate Hikes as Kevin Warsh Opens ‘New Chapter’ at Central Bank
The Federal Reserve maintained interest rates at 3.50-3.75% in June but signaled a shift toward tighter policy under new Chair Kevin Warsh, projecting higher rates by 2026 due to persistent inflation. Bitcoin’s price dropped to $64,000 following the announcement, while stock markets and Treasury yields also reacted.