Oddbean new post about | logout
 🚨FED DOES NOT WANT TO SEE IT🚨

US PCE inflation (excl. food and energy) bounced to 2.8% in October, the highest level in 7 months.

The 3-month annualized metric has also bounced and has been rising for half a year. https://m.primal.net/MkTL.jpg 

All inflation metrics CPI, PPI and PCE recently surged.