... nditures (PCE) inflation usually above 2 percent — well above the current levels. Rate hikes generally come amid periods of rising corporate profits, not during an earnings recession such as the one w ...More
EJ Insight2015-12-18
... ce index (PCE) is 0.3 percent, higher than CPI, but core PCE is 1.2 percent. If the US job market continues to recover, labor costs will increase, which in turn will drive consumption and nudge inflat ...More
EJ Insight2015-09-21
... nditures (PCE) and unemployment rate. That was 200 basis points above the existing rate, almost a record high level. Given this, the Fed is set to tighten its monetary policy, especially as the labor ...More
EJ Insight2015-06-13
