On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the April Personal Consumption Expenditures (PCE) index by stating there has been a consensus that “the kind of stall in disinflation
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with
It is getting harder and harder to justify not raising rates at the next meeting of the Federal Open Market Committee.
A bit cooler than expected.
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
The latest estimates of inflation in the first two quarters of the year show prices rose more rapidly than previously believed.
Trimmed mean inflation ran at an annual rate of 5.1 percent in September, the fastest pace since 1990.
Consumer prices rose at their fastest annual pace since 1991.
