Crypto World News reports that "Federal Reserve mouthpiece" Nick Timiraos states that core PCE prices increased by 0.24% in April. Although this is the most moderate month-over-month increase in the index over the past five months, it still translates to an annualized rate of 2.9%. The 3-month and 6-month annualized core PCE inflation rates are 3.8%, while the 12-month change is 3.3%.

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GateUser-5d719aba
· 05-28 16:03
Gentle increase? Change the algorithm and it will be exposed.
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YieldBonsai
· 05-28 15:26
Nick's news is always accurate; the market needs to shake a bit.
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TheClarityAfterLiquidating
· 05-28 14:17
3.8% vs 2% target, the gap is visibly noticeable
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ZkSketcher
· 05-28 14:14
The market is now most afraid of this kind of ambiguous number
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AvocadoYieldRate
· 05-28 14:14
2.9% annualized, still a ways from the comfort zone
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TacoTreasury
· 05-28 14:14
Inflation stickiness is stronger than expected; don't rush to open the champagne.
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SoftRugDetective
· 05-28 14:14
The month-over-month looks good, the annualized is unattractive, the art of data
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MidnightReconciler
· 05-28 14:14
The gossip relay is spreading, probably paving the way for no interest rate cuts.
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BlackVelvetKey
· 05-28 14:14
The most gentle over five months, but the annualized return is still close to 3%, awkward.
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