Well, the Consumer Price Index less food and energy remain near the same level, 1.7133% YoY and is leading the Core PCE growth of 1.5934% YoY.
US Real Average Weekly Earnings YoY checked it at 4.1% YoY.
US CPI Urban Consumers Owners Equivalent Rent of Residences YoY fell to 2.5% YoY despite massive Fed intervention.
The Rudebusch variation of the Taylor Rule suggests that the Fed Funds Target rate should be at -0.51%.
On a side note, the US Dollar rose and gold got clubbed downwards.
