The Fed’s favorite inflation indicator (Core PCE) rolls out tomorrow before the opening bell, and is chartable in SlopeCharts with the easy-to-remember symbol FR:PCEPILFE – – for those with access to the economic database. Here’s the entire history:
Looking at more recent history, you can see a plain-as-day inflection point when Covid hit, and inflation hasn’t looked back since. This is why I can’t have a family meal for less than $160 anymore.
