Also it's a 10 bp move. Could be something. Could also be noise. Archived Message
Posted by ATL on March 12, 2024, 9:07:42, in reply to "Doesn't the Fed prefer PCE as an inflation gauge?"
Finance journalists will want to find a cause when there may be a thousand causes or no cause at all. Previous Message 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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