Macro
Core PCE at 3.2%, Core CPI at 2.6%—Both Above Target
Core PCE inflation remains at 3.2% year-over-year and Core CPI at 2.6%, both persisting above the Fed's 2% target and fueling hawkish sentiment.
Primary sources · 1
Core PCE inflation remains at 3.2% year-over-year and Core CPI at 2.6%, both persisting above the Fed's 2% target and fueling hawkish sentiment.
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