Friday, September 27, 2024

Core pce inflation rose year over year in August 2024 2.7% vs. 2.6% in July, a rate almost 69% worse than the average rate under Donald Trump

Core pce inflation averaged 1.6% year over year under Donald Trump.

 











CNBC knows full well that core pce inflation is the key gauge watched by the Fed, but it headlines the happy talk, lower, non-core number:

Fed officials tend to focus more on core as a better measure of long-run trends.