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The Core! US March Core PCE Prices Remain HOT At 4.6% YoY Despite Fed Crashing M2 Money Growth, March Personal Spending Slows To 0% MoM (Taylor Rule Suggests 10.27% Target Rate)
Confounded Interest ^
| 04/28/2023
| Anthony B. Sanders
Posted on 04/28/2023 7:08:04 AM PDT by Kaiser8408a
March’s Personal Consumption Expenditures Core Prices remain HOT despite The Fed crashing M2 Money growth.
Personal spending in March slowed to 0% growth.
The Taylor Rule infers a Fed Funds target rate of 10.27% Alas, we will never get there.
(Excerpt) Read more at confoundedinterest.net ...
TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; economy; growth; recession
Great job Clueless Joe and Fed!!!!!!!
To: Kaiser8408a
2
posted on
04/28/2023 7:13:05 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
To: Kaiser8408a
FED meets next week (May 2-3).
More band-aids — probably another quarter of a point increase.
3
posted on
04/28/2023 7:18:32 AM PDT
by
TomGuy
To: Kaiser8408a
If CPI included energy costs the official inflation rate would be higher.
4
posted on
04/28/2023 7:54:36 AM PDT
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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