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globalreutersFebruary 13, 20251 Mins read
The Fed’s preferred inflation measure is PCE – here are estimates from 13 investment banks
globalreutersFebruary 13, 20251 Mins read Via Nick Timiraos at the Wall Street Journal:
The data is not until the end of this month, February 28. An early heads up.
PCE is similar to the Consumer Price Index (CPI), but PCE is broader in scope and reflects changes in consumer behaviour, such as substituting products when prices rise.
This article was written by Eamonn Sheridan at www.forexlive.com.
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