News about inflation

From the @wsj article, “Why Is the Federal Reserve Always Surprised by Inflation? The central bank owes the public an explanation—and a serious effort to correct its flawed model.” #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/9pXVdePJAr

Rush Hour | US economy slows; inflation up Will rate cuts be delayed further? Saugata Bhattacharya, Independent Economist and Geoff Dennis, Independent EM Commentator discuss the factors at play and what it means for the markets @IamAnkitaS_ youtu.be/Mbr7jvJsHPo?si=Mpqo-hgJAE13Zq99

Bonds rally as Fed’s preferred #inflation metric not as bad as feared. PCE deflator rose to 2.7% in March from 2.5% in Feb vs 2.6% expected. Core PCE, the Fed's preferred measure of underlying price pressures, remained at 2.8%, compared w/an anticipated fall to 2.7%. First full… pic.twitter.com/LxaZTkntcL

Fun fact: The Volcker Fed started cutting rates even as inflation resurged above 10% cause the economy was heading into recession. And it's the recession that got rid of inflation. pic.twitter.com/mobEw3Q1Zy