Birdwatch Note Rating
2023-12-23 13:58:00 UTC - HELPFUL
Rated by Participant: AA2F6C28C2B01AB4D223FB92C2B4F2D90C65CDD478BC0DDA3E7129A3F44B2FD5
Participant Details
Original Note:
Post promotes a calculation based on six months of core PCE data mathematically projected to 12. The measured 12-month rate is 3.2%. It was less than 2% annually pre-pandemic. Note: Fed watches core PCE primarily to set rates, but it doesn’t include food and energy. https://www.cnbc.com/2023/12/22/pce-inflation-november-2023-.html https://www.bea.gov/data/personal-consumption-expenditures-price-index-excluding-food-and-energy https://tradingeconomics.com/united-states/core-pce-price-index-annual-change
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