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Nick Timiraos: Core PCE annualized at 4.5% for one month, overall personal consumption expenditure annualized at 3.4% for one month
Mars Finance reports that, according to Jintiao, “Federal Reserve spokesperson” Nick Timiraos states that the core PCE 1-month annualized rate is 4.5%, the 3-month annualized rate is 3.7%, and the 6-month annualized rate is 3.1%; the overall personal consumption expenditures 1-month annualized rate is 3.4%, the 3-month annualized rate is 3.5%, and the 6-month annualized rate is 3.2%.