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globalreutersSeptember 2, 20241 Mins read
Timiraos: PCE report shows disinflation ‘relatively broad based’
globalreutersSeptember 2, 20241 Mins read WSJ Fedwatcher Nick Timiraos is out with his latest and it’s upbeat on the disinflation process:
Decomposing the July PCE shows disinflation over the last three months continues to be relatively broad-based:
• sequential improvement for housing and nonhousing services
• continued deflation in goods
This article was written by Adam Button at www.forexlive.com.
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