The Fed “loses credibility every time they highlight the PCE instead of any other inflation gauge such as the CPI and tells us that low inflation is a problem and they need to get it higher.

The Fed “loses credibility every time they highlight the PCE instead of any other inflation gauge such as the CPI and tells us that low inflation is a problem and they need to get it higher. Tell that to the person that is buying healthcare insurance and services ..” @pboockvar pic.twitter.com/J1L5cSHV9D

— Carl Quintanilla (@carlquintanilla) December 11, 2019

https://twitter.com/GeorgeFreemen/status/1200950385583763456

https://twitter.com/GeorgeFreemen/status/1204068648664621057

Rising inflation with historic low unemployment rate?

Resembles the late ‘60s.

Something to consider when inflation expectations are at 40-year lows. pic.twitter.com/nc1wwsqHFf

— Otavio (Tavi) Costa (@TaviCosta) December 10, 2019