📈 TKer by Sam Ro

📈 TKer by Sam Ro

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📈 TKer by Sam Ro
📈 TKer by Sam Ro
Unconvincing price moves as the economy cools 💵
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Unconvincing price moves as the economy cools 💵

Meanwhile, stocks suffer 📉

Sam Ro, CFA's avatar
Sam Ro, CFA
Jul 03, 2022
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📈 TKer by Sam Ro
📈 TKer by Sam Ro
Unconvincing price moves as the economy cools 💵
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The core PCE price index seems to have peaked.

Inflation data released last week was mixed. It certainly wasn’t the “clear and convincing” evidence of cooling prices that the Federal Reserve has been looking for.

The core PCE price index — the Fed’s preferred measure of inflation — climbed 4.7% in May from a year ago (chart above), which was cooler than t…

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