PCE/Claims
October 01, 2009 at 10:31 AM EDT
[Skip to the end] Yes, not looking good! Karim writes: Attached is the Fed’s favored inflation measure, the core PCE deflator. Putting aside that 1% is the lower end of their defacto ‘comfort zone’, the speed of the move is as much a concern as the level. M/M Core PCE was 0.09% Personal income and wage and salary income were both [...]
