Fed's Favorite Inflation Indicator Re-Accelerates In February As Savings Rate Soars
Fed’s Favorite Inflation Indicator Re-Accelerates In February As Savings Rate Soars The Fed’s favorite inflation indicator – Core PCE – printed hotter than expected in February, rising 0.4% MoM, bring prices up 2.8% YoY… Source: Bloomberg “Core PCE was higher than expected, and it might be hard to go lower from here because incomes are […]
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