Mutual of Omaha Mortgage’s Post

The September "Core" PCE index (the Fed's preferred measure of inflation) rose 0.3% month-over-month, keeping annual inflation flat at +2.7% year-over-year. However, annual "Headline" PCE did decline from +2.3% YoY in August to +2.1% YoY in September. While no obvious progress was made towards the Fed's 2% target, "Core" PCE was just a whisker away from +2.6% YoY. #pce #inflation #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow

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