Computers and software are adding 25 bps to US core PCE inflation, Ernie Tedeschi says, but they do not explain the full 1 percentage point gap in core PCE. For the Fed, it is a nuisance in a more rate-sensitive economy, not the main inflation problem.
published
Computers and software are adding 25 bps to US core PCE inflation, Ernie Tedeschi says, but they do not explain the full 1 percentage point gap in core PCE. For the Fed, it is a nuisance in a more rate-sensitive economy, not the main inflation problem.
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$SECZ market result
Exit $SECZ with .95 profit per share - thanks to a nice after hours pop. Will re-enter tomorrow most likely
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