Patrick Fearon Inflation Quotations

The good news is that this is much more moderate than we had seen in September and August and it brings the annual inflation rate down to 4.3 percent.

The core PCE price index is a calming influence on the bond market. Inflation so far has far not gotten out of hand.

The core PCE price index is a calming influence on the bond market, ... Inflation so far has far not gotten out of hand.

Whether you look at the core personal consumption expenditure index on a monthly basis or a year over year basis, the inflation trend is basically 'steady Eddie.

The 1.9 percent December year-over-year rise in the core personal consumption expenditure index reflects a stable and modest inflation rate. That would support the idea that the Fed can stop raising rates soon.