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To: Broken_Clock who wrote (998)	3/1/2024 10:16:14 AM
From: Smart_Asset	Read Replies (2) \| Respond to of 1138

On the same subject with raw numbers. A bit out of context in that the article enlarges one aspect of the PCE(services) but those numbers are worth examining. wolfstreet.com imo if we get an outsized CPI on 3/12/2024(11 days away) there will be very serious talk of a hike 8 days following at the Fed meet. <<The bad behavior of core services inflation that we have been lamenting since June – and which was confirmed earlier this month by the nasty surprise in the CPI – is why Fed governors have said this year in near unison that they’re in no hurry to cut rates, but have taken a wait-and-see approach. And now the concept of rate hikes is cropping up in their speeches again.>>