Fed's Preferred Measure of Inflation Picks Up

The video discusses recent economic data, focusing on the PCE index, personal income, and spending. It highlights a slight rise in both headline and core PCE, indicating inflation is not aligning with the Fed's 2% target. Personal income increased by 0.6%, with spending rising by 0.4%. The discussion reflects on high prices and the fairness of price increases, noting that income growth outpacing price rises is seen as a positive outcome.

What is the significance of the 'Super core' mentioned in the text?

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How does the speaker feel about the current prices?

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