Pollack: Inflation heads the wrong way
The Fed’s preferred inflation gauge hit a three-year high in May, but consumers kept spending, validating last week’s decision to hold rates. 4.1% ▲PCE inflation, May (YoY) 3.4% ▲Core PCE, May
The Fed’s preferred inflation gauge hit a three-year high in May, but consumers kept spending, validating last week’s decision to hold rates. 4.1% ▲PCE inflation, May (YoY) 3.4% ▲Core PCE, May
By Elliott D. Pollack & Company Inflation is moving in the wrong direction. The Consumer Price Index rose 4.2% over the past twelve months in May, the
The Monday Morning QuarterbackA quick analysis of important economic data released over the last week By Elliot D. Pollack & Co. | Rose Law Group
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This combination photo features U.S. Rep. David Schweikert, left, and U.S. Rep. Andy Biggs. (Gage Skidmore / Flickr) By Howard Fischer | Arizona Capitol Times
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