Claim False

core PCE to go back up to 4 percent by the middle of the year.

Jerome Powell: core PCE to go back up to 4 percent by the middle of the year. Published Feb 1, 2023. Status: False. The core PCE price index in the US rose by...

Actor: Jerome Powell
Topic: Economy
Status: False
Published: Feb 1, 2023
Deadline: Jun 30, 2023

core PCE to go back up to 4 percent by the middle of the year.

FactTracker assessment

The core PCE price index in the US rose by 3.3% year-on-year in June 2026, which is below the claimed 4 perce...

Original source: federalreserve.gov