Why the Federal Reserve Worries About Rising Real Interest Rate
sungwonsohn.substack.com
The latest inflation measure favored by the Federal Reserve—the core personal consumption expenditures (PCE)-- has increased 0.4 percent in January up from 0.1 percent in December validating the patient approach to cutting the interest rate by the authorities. One piece of good news is that the inflation gauge compared to a year ago continues to trend down.
Why the Federal Reserve Worries About Rising Real Interest Rate
Why the Federal Reserve Worries About Rising…
Why the Federal Reserve Worries About Rising Real Interest Rate
The latest inflation measure favored by the Federal Reserve—the core personal consumption expenditures (PCE)-- has increased 0.4 percent in January up from 0.1 percent in December validating the patient approach to cutting the interest rate by the authorities. One piece of good news is that the inflation gauge compared to a year ago continues to trend down.