PIMCO Income Fund
Is Personal Consumption Expenditure Inflation Heading Toward 2%?
A fall in crude oil prices beginning in mid-2014 was the primary reason personal consumption expenditure inflation tanked.
Why Could Watching Inflation in 2016 Be Important?
The Fed is mandated to maintain personal consumption expenditures inflation at 2% in the long-term, but it has been below this level for quite some time.