![Jason Furman on X: "The inflation data from PCE--which is what the Fed focuses on--were much better for August than the CPI data. We now have three unambiguously good months in a Jason Furman on X: "The inflation data from PCE--which is what the Fed focuses on--were much better for August than the CPI data. We now have three unambiguously good months in a](https://pbs.twimg.com/media/F7MeT-mXYAAojD8.png)
Jason Furman on X: "The inflation data from PCE--which is what the Fed focuses on--were much better for August than the CPI data. We now have three unambiguously good months in a
![Fed Favored “Core” PCE Price Index Rises 4.1%, Least since Sept 2021, on Drop in Durable Goods. But Monthly Services Inflation Accelerates | Wolf Street Fed Favored “Core” PCE Price Index Rises 4.1%, Least since Sept 2021, on Drop in Durable Goods. But Monthly Services Inflation Accelerates | Wolf Street](https://wolfstreet.com/wp-content/uploads/2023/07/US-PCE-inflation-2023-07-28-core-yoy.png)
Fed Favored “Core” PCE Price Index Rises 4.1%, Least since Sept 2021, on Drop in Durable Goods. But Monthly Services Inflation Accelerates | Wolf Street
![Fed's Favored Inflation Index, “Core PCE,” Stuck near 4.6% for Sixth Month, “Core Services” Stuck Near 38-Year High of 5.4% | Wolf Street Fed's Favored Inflation Index, “Core PCE,” Stuck near 4.6% for Sixth Month, “Core Services” Stuck Near 38-Year High of 5.4% | Wolf Street](https://wolfstreet.com/wp-content/uploads/2023/06/US-PCE-inflation-2023-06-30-Core-mom.png)
Fed's Favored Inflation Index, “Core PCE,” Stuck near 4.6% for Sixth Month, “Core Services” Stuck Near 38-Year High of 5.4% | Wolf Street
![Fed Favored “Core” PCE Price Index Rises 4.1%, Least since Sept 2021, on Drop in Durable Goods. But Monthly Services Inflation Accelerates | Wolf Street Fed Favored “Core” PCE Price Index Rises 4.1%, Least since Sept 2021, on Drop in Durable Goods. But Monthly Services Inflation Accelerates | Wolf Street](https://wolfstreet.com/wp-content/uploads/2023/07/US-PCE-inflation-2023-07-28-Core-mom-6mma.png)