Wanted to send you all a note on the ‘crazy’ inflation report making headlines today. Zero Hedge is as good an example as any: Here’s state-owned Bloomberg News: Let’s have a look at the actual PCE price index time series: Here’s the same series, in year-over-year % change terms, with two extra years of data:
Note on the PCE report
Note on the PCE report
Note on the PCE report
Wanted to send you all a note on the ‘crazy’ inflation report making headlines today. Zero Hedge is as good an example as any: Here’s state-owned Bloomberg News: Let’s have a look at the actual PCE price index time series: Here’s the same series, in year-over-year % change terms, with two extra years of data: