**Federal Reserve Welcomes Drop in Inflation to 2.6% in May**
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đŻ Breaking: The Personal Consumption Expenditures (PCE) inflation rate for May, the Federal Reserve's preferred measure of inflation, has dropped to 2.6%, in line with the expectations of 2.6%.
đŻ Core PCE inflation has also fallen to 2.6%, matching the forecast of 2.6%.
đŻ Both headline inflation and core PCE inflation decreased last month.
đŻ This is another welcome sign for the Federal Reserve.
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