Dallas Fed Trimmed Imply PCE for July +1.9% vs +three.four% prior

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  • 1 month annualised +1.9% vs +three.four% prior
  • 6 months annualised +2.6% vs +2.eight% prior
  • 12 month annualised +2.7% vs +2.7 prior

The 1 month annualised charge may be very risky, so do not mistake that for inflation coming down. The 6 month and 12 month annualised charges are a greater gauge of the development.

This text was written by Giuseppe Dellamotta at investinglive.com.

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