Two Measures of Inflation: September 2024

Published on November 1, 2024

The BEA's core Personal Consumption Expenditures (PCE) Price Index for September showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%. The September core Consumer Price Index (CPI) release was higher, at 3.3%. The Fed is on record as using core PCE data as its primary inflation gauge.

Continue reading on website
Other news

The Big Four Recession Indicators

November 1, 2024
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.

Race for Private-Credit ETFs to Face SEC Scrutiny

November 1, 2024
A planned State Street-Apollo ETF will have to comply with a rule that caps illiquid investments in a fund's net assets at 15%.      Related StoriesLPL Discloses $18M Charge, but No Arnold Updates on Q3 CallAcross Party Lines, Protecting Social Security Is Top Priority: Survey6 Firms That Paid Reg BI Fines to SEC in 2024