(acyclical Archives - Citizen Watch Report

The Fed Has Two Huge Problems Starting Now, Acyclical Inflation and Jobs

February 2, 2026 3:48 pm

Authored by Mike Shedlock via mishtalk, The Fed is not in a good spot. Cyclical and acyclical PCE price data from the San Francisco Fed, chart by Mish Please consider Cyclical and Acyclical Core PCE Inflation by the San Francisco Fed. The personal consumption expenditures price index (PCEPI) is one measure of U.S. inflation that is considered …

Addicted To Gov? Government Worker Wage Growth Hits Record High As Savings Rate Falls To 3.7% (Acyclical Core PCE inflation Remains Extremely High)

January 26, 2024 9:44 pm

by confoundedinterest17 Americans are addicted to gov. And government is addicted to spending (and creating more debt). Let’s look at wage growth for government apparatchiks relative to private sector workers. While wage growth overall was modest, it is government wage growth that is driving it – now at a record high! Source: Bloomberg And on the back …