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Don't Raise Rates Based On A PCE That Will Be Re-Written September 30th

Don't Raise Rates Based On A PCE That Will Be Re-Written September 30th Authored by Richard Roberts via RealClearMarkets, The Federal Open Market Committee votes on interest rates September 16. Two weeks later, on September 30, the Bureau of Economic Analysis will revise the PCE price index, the inflation measure the Fed targets, back to 2021 and publish the August reading in the same release. Governor Christopher Waller has already said which way one of the changes is expected to go. On September 3 he said the change in the way the Commerce...
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May 14, 2026 / Tyler Durden
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