Instantaneous PCE Inflation
Source ↗
👁 0
💬 0
Nowcasted June inflation will be down — but for core not down much…
Figure 1: Headline PCE deflator instantaneous inflation (blue), core PCE (tan), per Eeckhout (2023), both T=12, a=4. June observation uses y/y nowcast of 6/26. Source: BEA, Cleveland Fed, and author’s calculations.
Figure 1: Headline PCE deflator instantaneous inflation (blue), core PCE (tan), per Eeckhout (2023), both T=12, a=4. June observation uses y/y nowcast of 6/26. Source: BEA, Cleveland Fed, and author’s calculations.
Comments (0)