January 2025 Core-Cast Post- PCE: Small Upside Surprises and Three Lagged Quirks That Stand In The Way Of The Fed's Target
Core-Cast is our model and publication series for nowcasting the Fed's Personal Consumption Expenditures (PCE) inflation gauges. Most of the PCE inflation gauges are sourced from Consumer Price Index (CPI) data, but Producer Price Index (PPI) input data is of...
