The new core PCE inflation data is out today and I currently have two head-to-heads comparisons of the IT model with the FOMC forecasts and the forecast of the NY Fed DSGE model.
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Core PCE inflation update
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The new core PCE inflation data is out today and I currently have two head-to-heads comparisons of the IT model with the FOMC forecasts and the forecast of the NY Fed DSGE model.