Miner Company
The Fed Preview - Brace For Hikes, Inflation Is Likely Persistent
The monthly core PCE inflation has been at 0.4% over the last three months, while surveys are confirming an inflationary spike in progress. In addition to the biggest energy supply shock ever, tariffs are mostly in place, and the labor market is strengthening due to fiscal stimulus - the macro environment is inflationary.
The monthly core PCE inflation has been at 0.4% over the last three months, while surveys are confirming an inflationary spike in progress. In addition to the biggest energy supply shock ever, tariffs are mostly in place, and the labor market is strengthening due to fiscal stimulus - the macro environment is inflationary.