[Skip to the end] Karim writes:  Core pce up 0.1% m/m and unch at 2.1% y/y (recent high 2.5% in 2/07; recent low 1.9% in 9/07); 3mth annualized rate back to 1.9% Yes, the Fed welcomes this but is concerned about its forecasts given food/energy/import/export prices and pipeline pressures.  Headline rises from 3.1% […]
Tag Archives: Chicago PMI
Updated January 31 month end report
Please excuse the mix of Bloomberg and Valance graphs. Comments welcome. Went blurry eyed trying to organize it all. Markets reacted strongly to Friday’s -17,000 non-farm payroll number. Several sources called it the first negative payroll number in 4 years. How quickly they forget the first negative number was the initial August number of -4,000 […]