WSJ Nick
The New York Federal Reserve's inflation sustainability index (“multivariate core trend” rate) declined in the previous update.
It fell to 2.4% in May, the lowest since 2020/12. The downward revised value for April was 2.5% (2.8% last time), and March was 2.7% (last time 2.9%) newyorkfed.org/research/polic...
It fell to 2.4% in May, the lowest since 2020/12. The downward revised value for April was 2.5% (2.8% last time), and March was 2.7% (last time 2.9%) newyorkfed.org/research/polic...
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