{"id":257897,"date":"2024-08-30T20:46:47","date_gmt":"2024-08-30T20:46:47","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/30\/instantaneous-core-pce-at-2-2\/"},"modified":"2025-06-25T17:11:38","modified_gmt":"2025-06-25T17:11:38","slug":"instantaneous-core-pce-at-2-2","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/30\/instantaneous-core-pce-at-2-2\/","title":{"rendered":"Instantaneous Core PCE at 2.2%"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-53465\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>M\/M Core PCE inflation at consensus.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-53466\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5.png\" alt=\"\" width=\"849\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5.png 849w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5-300x198.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5-768x507.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/08\/instantcorepix5-624x412.png 624w\" sizes=\"(max-width: 849px) 100vw, 849px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong>\u00a0Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), PPI core (red), and PCE core (green), per\u00a0<a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4554153\">Eeckhout (2023)<\/a>, T=12, a=4. Red dashed line at 2% target. Source: BLS, BEA, and author\u2019s calculations.<\/em><\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/08\/instantaneous-core-pce-at-2-2\" title=\"11:49 am\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-08-30T11:49:50-07:00\">August 30, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/08\/instantaneous-core-pce-at-2-2\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] M\/M Core PCE inflation at consensus. Figure 1:\u00a0Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), PPI core (red), and<\/p>\n","protected":false},"author":1,"featured_media":257898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/257897"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=257897"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/257897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/257898"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=257897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=257897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=257897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}