Musalem: Government shutdown may affect CPI, PCE is a better inflation gauge
ChainCatcher News, according to Golden Ten Data, Federal Reserve's Musalem stated that a government shutdown could cause the Consumer Price Index (CPI) to skew downward and this effect may last until April. He pointed out that Personal Consumption Expenditures (PCE) inflation is a better measurement indicator.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Nasdaq Golden Dragon China Index closed down 0.47% at 7,545.55 points.
SOL briefly surpasses $90, 24-hour increase of 14.5%
The Internet Stock Index ETF closed up about 2.3%, leading US industry ETFs.
Ethereum Foundation releases roadmap draft, sets five development goals
Trending news
MoreCrypto prices
More
