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Jason Furman
jasonfurman.bsky.social
did:plc:nblkfzawd42zaxkycspl6ggj
Core PCE inflation rising lately, running ~3% annual rate.
But core PCE inflation ex portfolio services slowing lately, running just above 2% (when remeaned to reflect it usually runs low).
Some of the reinflation we've seen is rising stock prices counting as higher inflation.
2025-10-06T20:05:08.856Z