Friday, March 3, 2017

Fed’s Favorite Inflation Gauge Hasn’t Budged for 3 Months

Fed’s Favorite Inflation Gauge Hasn’t Budged for 3 Months

Snippet of Article: "...The government’s report Wednesday on October Personal consumption expenditures (PCE) showed no growth in annualized inflation. The core rate remains at 1.7%, the same as the prior two months..."

Source: blogs.barrons.com

Personal consumption expenditures (PCE)