This was posted at 8:03 AM at the Bonddad Blog Thursday. I see other venues having similar reports up also. I am sometimes late in posting NDd’s economic commentaries. Ex-housing, PCE inflation, like CPI inflation, is under the Fed’s 2% target – by New Deal democrat Note: I may not be around for the ISM manufacturing or construction spending reports this morning. If so, I’ll comment later (maybe over the weekend) about them. What I’ll be...
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