Federal Reserve mouthpiece: PPI weakness in some areas may affect January core PCE

PANews reported on February 13 that according to Jinshi, Nick Timiraos, the "Federal Reserve mouthpiece", said that due to the weak performance of the PPI component of the PCE index (financial and medical services sub-items) in January, the core PCE index monthly rate is expected to be much lower than the sharp increase in the CPI monthly rate yesterday. If the core PCE in January rises by 0.27% month-on-month, the core PCE annual rate will drop from 2.8% to 2.6%.

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Author: PA一线

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