White House on Annual Core, Overall PCE Holding, Monthly Core Dropping 0.1%: Still Have Good Disinflationary Forces

On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the April Personal Consumption Expenditures (PCE) index by stating there has been a consensus that “the kind of stall in disinflation
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Texas Governor Welcomes First Soldiers to State Border Military Base

Texas Governor Greg Abbott welcomed the first 300 National Guard soldiers as they relocated to a new forward operating base located on the Mexican border just south of Eagle Pass. Abbott toured “Forward Operating Base Eagle” on Friday alongside Adjutant General of Texas Major General Thomas Suelzer and Texas Border Czar Mike Banks. The Governor held a press conference after the tour, providing more details about the latest developments at the base camp.
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