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Core PCE Drops to 4.1%, Lowest in Over Two Years, as US Inflation Cools
The odds of US soft landing are rising as Fed's preferred gauge of inflation fell considerably in June to 4.1%, from 4.6% in May.
July 28, 2023PCE, the Fed’s Preferred Inflation Gauge, Rose Above Estimates in January: Up 0.6% MoM
PCE Price Index and Core PCE Price Index rose by 0.6% month-over-month in January, refueling worries over further rate hikes.
February 24, 2023With Another 75 BPS Hike Likely Soon, When Can the Fed Realistically Pivot?
The Fed will have to juggle multiple macroeconomic balls to achieve soft landing.
September 19, 2022