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TechFlow, July 31 — "Fed Whisperer" Nick Timiraos posted: Core PCE inflation appears to be worsening and is no better than when the Fed began cutting rates last year—by some measures, even worse. The 3-month annualized rate of the core PCE price index in June was 2.6% (2.3% a year earlier). On a 6-month annualized basis, it was 3.2% (3.3% a year earlier).
"Fed Whisperer" Nick Timiraos posted: Core PCE inflation appears to be worsening in June, no better than when the Fed began cutting rates last year—worse by some measures. The 3-month annualized rate for the core PCE price index was 2.6% in June (2.3% a year earlier). On a 6-month annualized basis, the figure was 3.2% (3.3% a year earlier).
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