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