Wealthion · Monday, September 14, 2026
The discussion highlights that Core PCE inflation is being impacted by factors such as the stock market and flash memory prices. It is suggested that if this were considered alongside Core CPI, which is at 2.3% compared to 2%, it would be viewed more favorably as it is moving towards the Fed's target.
“Core PCE is up because of the stock market and flash memory compared to CPI.”
“And if that if people accepted that, and they looked at core CPI at two three versus two, I think Waller is correct.”
“It's not that far from the Fed's target, and it's moving in the right direction.”