Govt Wage Growth Hits Record High As Fed’s Favorite Inflation Indicator Tumbles | ZeroHedge
From: zerohedge Govt Wage Growth Hits Record High As Fed’s Favorite Inflation Indicator Tumbles | ZeroHedge One of The Fed’s favorite inflation indicators – Core PCE Deflator – tumbled to +3.2% YoY (below the 3.3% exp and down from a downwardly revised 3.4% in October) – the lowest since April 2021. Headline CPI also slowed […]
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