Posted on 04/27/2024 9:12:44 AM PDT by ChicagoConservative27
On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with 0.3% monthly growth in both overall and core PCE, the same as it was in February by stating that “It was nice to hit the expectations number for the PCE, both headline and core, this morning.” And said that “we expect inflation to continue a bumpy path down towards target.”
(Excerpt) Read more at breitbart.com ...
Glad to hear this isn’t the “target”?
When the population finally learns what items are totally left out of “INFLATION” numbers-—they may finally revolt.
Senator Casey’s ads are blaming corporations for food price increases.
Jared - the point is to hit the target rate, not be in line with expectations. that’s a new spin i must say.
When this administration can lie about Biden’s mental health, hiding the “second books” on the economy is simple as pie.
They got their slice and your slice, too!
Boston Herald: Fed’s preferred inflation gauge shows price pressures stayed elevated last month
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