Warsh reports PCE inflation at 3.7% over twelve months, above 4% over six months.
“The Fed's preferred measure of inflation, the one I talked about earlier, the twelve month change in the PC price index stands at 3.7%, with the six month change a little above four.”
Warsh cites Fed's preferred inflation measure at 3.7% over twelve months, above four percent over six months.
“The Fed's preferred measure of inflation, the one I talked about earlier, the twelve month change in the PC price index stands at 3.7%, with the six month change a little above four.”