The Next PCE Will Be The Nail In The Coffin
Sell In May and Go Away Is Postponed Until 2025
We Have a week Stacked with 7 Fed speaking events and the Fed’s favorite inflation-indicating economic data release (Personal Consumption Expenditures PCE)
Big Picture
The general public has a misconception that the Federal Reserve’s number one inflation indicator is the Consumer Price Index (CPI). In reality, their major indicator is the Personal Consumption Expenditures (PCE).
Despite CPI making all the headlines, it is instrumental in understanding the difference between CPI vs. PCE.
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