Breitbart Business Digest: Inflation Is Still Stuck on Us
It is getting harder and harder to justify not raising rates at the next meeting of the Federal Open Market Committee.
PCE
Key U.S. Inflation Gauge Fell A Little in February But It’s Still Very High
A bit cooler than expected.
Economist Mohamed El-Erian: ‘Disinflation Can’t Be Said Anymore’ — January PCE Is ‘Bad News Across the Board’
On Friday’s broadcast of Bloomberg’s “The Open,” economist and President of Queens’ College Dr. Mohamed El-Erian reacted to the January Personal Consumption Expenditures (PCE) price index inflation number by stating that it’s “bad news as bad news. And it’s bad news
Inflation Was Worse Too!
The latest estimates of inflation in the first two quarters of the year show prices rose more rapidly than previously believed.
Underlying Inflation Jumps to Fastest Pace in 31 Years
Trimmed mean inflation ran at an annual rate of 5.1 percent in September, the fastest pace since 1990.
Bidenflation: Consumer Prices Rise at Fastest Pace in 30 Years
Consumer prices rose at their fastest annual pace since 1991.
