◀ The Principal Blog

Posts tagged ‘PCE’

Inflation: Is there Something Strange Happening Here?

The March Federal Open Market Committee (FOMC) meeting had a decidedly dovish tone. The expected interest rate path was cut, with the FOMC expecting to raise the fed funds rate twice this year as compared to four times in December. The median forecasts for GDP and headline inflation (including food…

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After a Long Hibernation, Inflation Is Slowly Waking Up

Well, it looks like inflation may finally be returning to the United States after all. The January Consumer Price Index (CPI) and Personal Consumption Expenditure (PCE) reports showed broad-based gains. Both the headline PCE deflator (up 1.3%) and headline CPI (up 1.4%) increased at the fastest…

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