Doesn't the Fed prefer PCE as an inflation gauge? Archived Message
Posted by jfinsocal on March 12, 2024, 9:03:26, in reply to "That 2% inflation rate the Fed so desperately wants remains elusive"
There's too many measures of inflation and it lets people pick and choose to fit their narrative. Stock and bond markets don't appear to be markedly affected either way and I personally trust the markets more than the so called pundits. Previous Message 3.2%. Up from last months' 3.1%
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