Founder & CEO of Azuria Capital LLC. Macro thinker, history student, value-oriented investor. Native of Sao Paulo, Brazil 🇧🇷 E-mail: tavi@azuriacapital.com
The St. Louis Fed now posting Kevin Warsh’s useless inflation metric.
That’s how far these guys have to go to justify cutting rates while inflation is picking back up.
The trimmed mean PCE inflation rate ticked up to 2.36% for the 12 months ending in March, up slightly from 2.35% in February. For more on the @DallasFed alternative measure of core inflation, see FRED: