summary
The FBI’s favorite inflation index will be issued by the PCE price index, by Bea this morning. The index differs from the well -known consumer price index, as its composition is changed frequently and faster in contrast to the virginity fluctuations in the actual time. In the January report, PCE inflation grew by 2.5 % on an annual basis. The latest consumer price index report (February) increases inflation by 2.8 %. Core PCE, which removes food and volatile energy, has increased by 2.6 % in the last month. Our PCE expectations call for fixed readings to a decrease in February: 2.4 % for address number and 2.6 % for basic reading, as continuous inflation in some sticky prices remains a challenge. In general, inflation in this session reached its climax in the summer of 2022 and was on a somewhat consistent journey that has been somewhat consistent. We follow 20 inflation measures on a monthly basis. On average, they point out that prices rise by 3.15 % on an annual basis, and are mainly flat with a month ago. The numbers are volatile and distorted fluctuations in the report of the price inflation price. Focusing on the basic inflation-which we get through the average basic consumer price index, PCE-Food-Food & Energy market based on the market, and the rate of inflation forecast forward for a period
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