Playing around with the St Louis Fred data revealed:
From the site: "This series measures the probability that the personal consumption
expenditures price index (PCEPI) inflation rate (12-month changes)
over the next 12 months will fall below zero."
Now look at the current reading of the deflator:
Now who can make a case for raising interest rates?
From the site: "This series measures the probability that the personal consumption
expenditures price index (PCEPI) inflation rate (12-month changes)
over the next 12 months will fall below zero."
Now look at the current reading of the deflator:
Now who can make a case for raising interest rates?
