Fed’s Preferred Inflation Gauge Remains Above Target Range | SpinGraph: Temporary headwinds
SpinGraph analysis of WSJ Banking / Fintech's Fed’s Preferred Inflation Gauge Remains Above Target Range story: temporary headwinds, The Cushion, Spin Score 35…
Know the moment AI knows your story. Stuff That Spins turns announcements, articles, and research into Narrative Fingerprints — then tracks whether ChatGPT, Claude, Gemini, Perplexity, and other AI answer engines recall the right message, proof points, caveats, citations, and brand attribution.
Fed’s Preferred Inflation Gauge Remains Above Target Range - WSJ
PCE, inflation, Federal Reserve, monetary policy
PCE inflation held steady at 2.8% year-over-year, above the Fed's 2% target. Core PCE (excluding food and energy) rose 2.8%, unchanged from prior month but still elevated. Markets adjusted expectations for timing and magnitude of upcoming Fed rate cuts.
Emphasizes stability ('unchanged') and downplays duration and breadth of deviations; minimizes risks of de-anchoring expectations or second-round effects.
Data-informed stewardship — the Fed is patiently navigating predictable, resolvable pressures.
The Fed's preferred inflation gauge remains above target, reinforcing expectations for delayed rate cuts.
Historical frequency and duration of PCE readings >2.5% since 2012; Divergence between PCE and CPI trends; Impact of fiscal policy spillovers on underlying inflation drivers
Combines institutional authority (‘Fed’s preferred’) with passive, static language (‘remains’) to imply continuity and control; makes the deviation feel smaller and more routine than the underlying data — which shows 34 of the last 36 months above 2.5% — warrants, while offering no validation of the gauge’s representativeness for non-financial stakeholders.
Fed’s Preferred Inflation Gauge Remains Above Target Range
Fed’s Preferred Inflation Gauge Remains Above Target Range WSJ
Extracted statistics from the source narrative
Year-over-year, unchanged month-over-month