Holy freakin friggin EFFINcow, as po'd say!
We're too far into Trump to suggest that the Flatulent Fool's string-pullers did this. And,...
There's nuthin that Curt's Holy Trinity nor po's metaphorical Rachel are reporting that accounts for this. But, the numbers don't lie.
The April PCE price index increased 2.1 percent year-over-year (YoY), down from 2.3 percent YoY in March, and down from the recent peak of 7.2 percent in June 2022.
The PCE price index, excluding food and energy, increased 2.5 percent YoY, down from 2.6 percent the previous month, and down from the recent peak of 5.6 percent in February 2022.