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U.S. PCE inflation rises 3.5% year-over-year, David Andolfatto notes

U.S. PCE inflation rises 3.5% year-over-year, David Andolfatto notes
U.S. PCE inflation at 3.5 percent

David Andolfatto, industry influencer, reports that U.S. Personal Consumption Expenditures (PCE) inflation is currently 3.5% year-over-year, with an 8.3% month-over-month rate on an annualized basis.

These figures highlight recent inflation trends in the U.S. economy as tracked by the PCE index.

Andolfatto has previously discussed how FOMC debates over state-contingent versus calendar-based policy have shaped current economic approaches. He has also argued that interest rates or inflation can serve as a pressure release valve in changing conditions. These earlier observations provide context for his current focus on PCE inflation data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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