confoundedinterest17

Initial Jobless Claims Lowest Since Jan 1973 (Nixon 2nd Inauguration) As Core Inflation Increases (Slightly)

Initial jobless claims for the week of March 24 fell to 215k, the lowest level since January 1973 and President Richard Nixon. Core Personal Consumption Expenditures Prices YoY rose to 1.60%, still short of The Fed’s target of 2%. This one measure of “inflation.” Another measure of core inflation is the Core PCE Deflator YoY.  … Continue reading Initial Jobless Claims Lowest Since Jan 1973 (Nixon 2nd Inauguration) As Core Inflation Increases (Slightly)