CPI remains unusually low relative to PCE, the Fed’s preferred inflation gauge, suggesting the latest soft CPI reading may understate underlying US inflation. Goldman’s 0.26% core PCE estimate for the month points to the gap persisting.
published
CPI remains unusually low relative to PCE, the Fed’s preferred inflation gauge, suggesting the latest soft CPI reading may understate underlying US inflation. Goldman’s 0.26% core PCE estimate for the month points to the gap persisting.
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$META market result
I sold the $META $655 Puts 9/25 for $7.60
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