The US Bureau of Economic Analysis reported on Friday inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index rose 5% on a year over year bases. The Core PCE inflation index the Federal Reserve’s preferred gauge of inflation rose rose 4.6%. On a monthly basis, Core PCE inflation and PCE inflation both rose 0.3%. NN: The spin is the PCE index was done… Not true both indexes were Up .3%. It was only down according to Wall Street inflated “expectations.” for a headline number old wallstreet trick