Clever, Personable, and Unconventional: New York Federal Reserve Reports 29% Core Inflation Data in September, Up from Prior 26%
The Impact of Multivariate Core Trend Inflation on the Economy Introduction The New York branch of the Federal Reserve recently released its Multivariate Core Trend (MCT) inflation measure, revealing a 2.9 percent inflation rate in September. This marks a 0.3 percentage point increase from August, indicating a potential acceleration in price growth. Key Findings The…