'Fed Whisperer': Core PCE Expected to Rise About 0.22% in September

BlockBeats News, November 26, Nick Timiraos, a Wall Street Journal reporter known as the 'Fed Whisperer,' posted on social media stating, 'With the release of September's Consumer Price Index (CPI) and Producer Price Index (PPI) data, core Personal Consumption Expenditures (PCE) for September are expected to rise about 0.22%, which is very close to the core CPI level for the same month. If it falls below this level, the year-over-year inflation rate for 12 months will be revised down from 2.9% in August to 2.8%.'