What Do Consumer Prices Have to Do with Monetary Policy?

Former JPMorgan Chase Global Chief Economist (Ph.D. in Economics) and Current BrightQuery Chief Economist

Dec 19, 2024

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On December 19, 2024, the Bureau of Economic Analysis reported that its latest headline Q3 2024 deflator (PCE, or the consumer inflation rate) rose by 1.5% quarter-over-quarter for Q3 2024, unchanged from…

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