DOGE Sparks Biggest Plunge In Social Security Handouts Ever; Fed’s Favorite Inflation Indicator Ticked Higher In May The Fed’s favorite inflation indicator – Core PCE – came in hotter than expected in May, rising 0.2% MoM (+0.1% MoM exp) and +2.7% YoY (+2.6% YoY exp)… Source: Bloomberg Not exactly the hyped-up inflationary surge the tariff fearmongers had hoped for as non-durable goods price show modest increase MoM… Source: Bloomberg Headline PCE rose 0.1% MoM (as expected) and the YoY change ticked up to +2.3% YoY… Source: Bloomberg Non-durable goods flipped from deflationary to inflationary (modestly) in May… Source: Bloomberg SuperCore… — Continue at ZeroHedge News : Read More
