Fed’s George Confident on Inflation, Balance Sheet, FOMC and Growth

#12105
ThePitBoss
Participant

The Fed’s preferred measure of inflation

US August PCE core +1.3% y/y vs +1.4% expected, Prior +1.4%
Core m/m +0.1% vs +0.2% expected, Prior core m/m +0.1%
PCE deflator +1.4% vs +1.5% expected, Prior deflator +1.4% y/y
Deflator m/m +0.2% vs +0.3% expected