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![]() | Source: https://www.bea.gov/news/2022/personal-income-and-outlays-October-2022 submitted by Dismal-Jellyfish to Superstonk [link] [comments] https://preview.redd.it/pnivdn09pa3a1.png?width=2152&format=png&auto=webp&s=a5a1ffee340492c6a61dd7465b57103853296464 The PCE Price Index Excluding Food and Energy, also known as the core PCE price index, is released as part of the monthly Personal Income and Outlays report. The core index makes it easier to see the underlying inflation trend by excluding two categories – food and energy – where prices tend to swing up and down more dramatically and more often than other prices. The core PCE price index is closely watched by the Federal Reserve as it conducts monetary policy. Remember, the Fed's stated goal for PCE inflation is 2%. The media will say this is a 'slowdown' of inflation today but PCE was 5.4% in February (then a 40 year high). If going by their stated goal, they are only off by what 150%? Guess that's good enough to slow down on the size of the rate hikes... https://preview.redd.it/jk16nq7rpa3a1.png?width=610&format=png&auto=webp&s=2b16ba4573f935e8509746b7e8a174d07cb3edc3 |
![]() | https://profxindicators.com/indicatoauto-fibonacci-indicato submitted by profxindicators to u/profxindicators [link] [comments] https://pin.it/5nhiVBR Auto Fibonacci is one of the popular forex trading strategies among forex traders in the world because it has the ability to provide more accurate buy and sell signals. This Auto Fibonacci Indicator has been developed using this Fibonacci strategy. The indicator decides buy ad sell trading points automatically. But it is important to add more additional filters to analyze the market to maximize your trading accuracy. Auto Fibonacci forex indicator |
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