Core PCE is holding at 3% because two forces are moving in opposite directions Wage-driven inflation has cooled back to normal and is expected to stay there S

Core PCE is holding at 3% because two forces are moving in opposite directions Wage-driven inflation has cooled back to normal and is expected to stay there Supply-driven inflation from AI imports, tariffs, shipping and fuel is rising, and freight costs suggest it keeps rising for at least the nex…