Kevin Warsh’s preferred inflation measures run well below the core PCE. A shift to a new and alternative inflation measure means strengthening the case for earlier interest rate cuts.
All posts tagged Central Banks
Why 2% inflation became the global target for central banks
The curious case of the 2% inflation target and why most central banks won’t let it go.
Failed Iran talks could complicate Fed rate outlook as oil-driven inflation rises
Interest rate cuts are no longer easy for the Fed. With ongoing Iran conflict and volatile oil markets, it may even consider rate hikes to ensure inflation remains stable.
G7 central banks hold rates as energy-driven inflation risks persist
Rising oil prices are feeding inflation risks, forcing central banks to delay rate cuts despite easing geopolitical tensions.