Tuesday, July 3, 2018

PCE inflation and checking forecast validity

This post isn't going to be very exciting, but sometimes science is just doing the legwork. PCE price level (inflation) data was released last week — the forecast is doing fine:

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Also, try to avoid the use of dollar signs as they interfere with my setup of mathjax. I left it set up that way because I think this is funny for an economics blog. You can use € or £ instead.