New York Fed’s Measure of “Inflation Persistence” Nixes Friday’s Idea that YoY PCE Inflation Cooled, Using Same Data
wolfstreet.com/2025/03/03/new-york-feds-measure-of-inflation-persistence-nixes-fridays-idea-that-yoy-pce-inflation-cooled-using-same-data
The game of inflation Whack-A-Mole: price pressures shifted from housing to non-housing services and core goods.
By Wolf Richter for WOLF STREET.
Just briefly here because it’s an interesting twist by the New York Fed on Friday’s PCE inflation reading: it nixes the idea that…
This story appeared on wolfstreet.com, 2025-03-03 23:18:00.