FRED recently added two new personal consumption expenditures (PCE) price index data series from the US Bureau of Economic Analysis: one excluding the energy and housing categories from the all-items PCE price index and a second one excluding the food, energy, and housing categories. These series are timely additions to FRED’s substantial repository of measures of trend inflation.| fredblog.stlouisfed.org
The latest data on wages suggest that declining job market churn has not been sufficient to normalize the pace nominal income growth.| theovershoot.co
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)| cryptohayes.substack.com
Almost Two Years In, The Biden Agenda Is, Provably, No Social Panacea For Republican's Cruelty And Social Neglect| sputnik57.substack.com