Federal Reserve Schmid: The PCE Price Index is the best way to measure inflation. They are happy to see recent inflation data, but they say it is too early to judge whether inflation is easing. The overall performance of the economy is good, and growth is resilient.

Federal Reserve Schmid: The PCE Price Index is the best way to measure inflation. They are happy to see recent inflation data, but they say it is too early to judge whether inflation is easing. The overall performance of the economy is good, and growth is resilient.