Market
The Kobeissi Letter
Summary
Written by Decryptr from the sourceDemand-driven components added +1.2pp to August PCE inflation (3.4% YoY), alongside +1.0pp supply and +1.2pp ambiguous factors, per the post. Kobeissi notes this is a shift from earlier supply-led inflation.
The Kobeissi Letter, 3 hr ago.
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