Bloomberg Daybreak Weekend: Inflation, Banking, China
Bloomberg Daybreak: US Edition
00:00
The Fed's Expectations for the PCE
We're still concerned mostly about housing. It has a smaller weight in the PCE, which may be one reason they think it's going to come down some. The problem is it takes a long time for the housing costs numbers to get into the indicators. They look essentially at what would cost you to rent your house today.
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Transcript
