「Fed Whispers」: Core Goods Prices Expected to Drop in August PCE, But Actually Rise in CPI
BlockBeats News, September 12th, Nick Timiraos, a Wall Street Journal reporter known as the "Fed Whisperer," tweeted on social media that due to significant price drops in certain product categories in August with higher weight in PCE than CPI, a larger gap or "wedge gap" has formed between core PCE and core CPI last month.
By deducing PCE from CPI and PPI data, analysts expect that the core inflation indicator favored by the Fed saw a month-over-month increase of about 0.20% last month (compared to CPI's 0.35%), which will keep the 12-month annual rate at 2.9%.
Of particular note is the expected decline in core goods prices in August PCE—part of which actually rose in CPI.
The overall price is expected to increase by 0.24% month-over-month, pushing the 12-month annual rate to 2.7%.
You may also like

When Openclaw Founder Advises Young People to Stay Away from Crypto

Anthropic Tops Global AI Product Ranking, X Platform Introduces "Paid Partnership" Tag, What's the Overseas Crypto Community Talking About Today?

Arthur Hayes: Is Every Middle Eastern Skirmish a Long Bitcoin Opportunity?

dFans: The OnlyFans of the AI Era

a16z Visual: AI Cost Halving, Usage Doubling, U.S. 30-Somethings Enter the 'Adulthood Delay' Era

Where Does Institutional Money Flow During Each Geopolitical Conflict?

A Century of an Egg's Wandering, from Wall Street to Polymarket

a16z: What are the entrepreneurial opportunities in the Agent-Payment Transaction Blue Ocean?

More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto

JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?

dFans: OnlyFans of the AI Era

Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.

Key Market Information Discrepancy on March 2nd - A Must-See! | Alpha Morning Report

Iran Missile Strike in Dubai: Three Chinese Nationals Tell Their Story 48 Hours Later

72 Minutes Before Attack, Six Mysterious Accounts Raked in $1.2 Million
