Birdwatch Note Rating
2023-07-28 23:07:19 UTC - HELPFUL
Rated by Participant: 00C3416B5C3C302A78AF381A51B2F50ECD1F9739AE9CE9A39183C6C5CD0D5009
Participant Details
Original Note:
The federal economic report issued today is PCE, which measures inflation differently than the normally referenced CPI metric. PCE’s metric shows 4.1% annual inflation, the lowest since 9/2021. It was 1.6% in 1/2021 & pre-Biden hadn’t been higher than 4.1% since ~1990. https://www.bea.gov/data/personal-consumption-expenditures-price-index-excluding-food-and-energy https://www.investopedia.com/terms/p/pce.asp https://ycharts.com/indicators/us_core_pce_price_index_yoy https://tradingeconomics.com/united-states/core-pce-price-index-annual-change
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