"Fed's megaphone": Predicting PCE with CPI and PPI

January 16th news from Jin Shi Data, “Fed megaphone” Nick Timiraos: With the CPI and PPI data for December, forecasters expect the core PCE for December to pump by 0.17% (equivalent to an annual rate pump of nearly 2%), which will keep the core PCE annual rate at 2.8% and reduce the 6-month and 3-month annualized values to 2.3% and 2.2% respectively.

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