Wall Street Journal (December 22)
“The Federal Reserve is winning its fight over inflation, boosting Americans’ spirits and offering greater reassurance that the U.S. economy can avoid a recession while bringing prices under control.” The PCE index favored by the Fed, “fell 0.1% in November from the previous month, the first decline since April 2020…. Prices were up 2.6% on the year, not far from the Fed’s 2% target.”
Tags: Boosting, Decline, Economy, Fed, Inflation, November, PCE index, Prices, Reassurance, Recession, Target, U.S.
Reuters (April 5)
“As the U.S. yield curve makes up its mind whether to invert or not, investors seeking reassurance that we are in a Goldilocks era of non-inflationary growth will get to scour two monthly price gauges this week.”
Tags: Goldilocks era, Invert, Investors, Non-inflationary growth, Price gauges, Reassurance, U.S., Yield curve