Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes

Bloomberg2023-02-24

The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...

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Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. 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Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9957232232,"gmtCreate":1677276849626,"gmtModify":1677276854169,"author":{"id":"3585385530619181","authorId":"3585385530619181","name":"h20_mako","avatar":"https://static.tigerbbs.com/815dd8430435288774e9be0c03637f83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585385530619181","authorIdStr":"3585385530619181"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957232232","repostId":1119061509,"repostType":4,"repost":{"id":"1119061509","kind":"news","pubTimestamp":1677245547,"share":"https://ttm.financial/m/news/1119061509?lang=&edition=fundamental","pubTime":"2023-02-24 21:32","market":"us","language":"en","title":"Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1119061509","media":"Bloomberg","summary":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer sp","content":"<html><head></head><body><p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.</p><p>The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105876474,"gmtCreate":1677276855596,"gmtModify":1677276868111,"authorId":3585385530619181,"author":{"id":3585385530619181,"idStr":"3585385530619181","authorId":3585385530619181,"name":"h20_mako","avatar":"https://static.tigerbbs.com/815dd8430435288774e9be0c03637f83","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957232232,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">👍</span>","text":"<span class=\"s1\">👍</span>","html":"<span class=\"s1\">👍</span>"}],"langContent":"EN"},{"id":9957232389,"gmtCreate":1677276268542,"gmtModify":1677276271895,"author":{"id":"3586514899418238","authorId":"3586514899418238","name":"Khoo18","avatar":"https://static.tigerbbs.com/a895cde27a6f60014dacbbc8853a5e1e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586514899418238","authorIdStr":"3586514899418238"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957232389","repostId":1119061509,"repostType":4,"repost":{"id":"1119061509","kind":"news","pubTimestamp":1677245547,"share":"https://ttm.financial/m/news/1119061509?lang=&edition=fundamental","pubTime":"2023-02-24 21:32","market":"us","language":"en","title":"Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1119061509","media":"Bloomberg","summary":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer sp","content":"<html><head></head><body><p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.</p><p>The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9957236483,"gmtCreate":1677275478343,"gmtModify":1677275481852,"author":{"id":"3572830110372716","authorId":"3572830110372716","name":"KCtan1688","avatar":"https://static.tigerbbs.com/eb264e77c49fffb1d26a89a47dbc0250","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572830110372716","authorIdStr":"3572830110372716"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9957236483","repostId":1119061509,"repostType":4,"repost":{"id":"1119061509","kind":"news","pubTimestamp":1677245547,"share":"https://ttm.financial/m/news/1119061509?lang=&edition=fundamental","pubTime":"2023-02-24 21:32","market":"us","language":"en","title":"Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1119061509","media":"Bloomberg","summary":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer sp","content":"<html><head></head><body><p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.</p><p>The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105876468,"gmtCreate":1677275498017,"gmtModify":1677275501188,"authorId":3572830110372716,"author":{"id":3572830110372716,"idStr":"3572830110372716","authorId":3572830110372716,"name":"KCtan1688","avatar":"https://static.tigerbbs.com/eb264e77c49fffb1d26a89a47dbc0250","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957236483,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Like</span>","text":"<span class=\"s1\">Like</span>","html":"<span class=\"s1\">Like</span>"},{"id":105876467,"gmtCreate":1677275489091,"gmtModify":1677275492451,"authorId":3572830110372716,"author":{"id":3572830110372716,"idStr":"3572830110372716","authorId":3572830110372716,"name":"KCtan1688","avatar":"https://static.tigerbbs.com/eb264e77c49fffb1d26a89a47dbc0250","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9957236483,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Like</span>","text":"<span class=\"s1\">Like</span>","html":"<span class=\"s1\">Like</span>"}],"langContent":"EN"},{"id":9957236881,"gmtCreate":1677274618244,"gmtModify":1677274623938,"author":{"id":"3576743360399762","authorId":"3576743360399762","name":"PooYen","avatar":"https://static.tigerbbs.com/90f2bad6620330727869f3a5a51a046a","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576743360399762","authorIdStr":"3576743360399762"},"htmlText":"[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","listText":"[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;","text":"[Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957236881","repostId":1119061509,"repostType":4,"repost":{"id":"1119061509","kind":"news","pubTimestamp":1677245547,"share":"https://ttm.financial/m/news/1119061509?lang=&edition=fundamental","pubTime":"2023-02-24 21:32","market":"us","language":"en","title":"Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1119061509","media":"Bloomberg","summary":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer sp","content":"<html><head></head><body><p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.</p><p>The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9957231575,"gmtCreate":1677272400697,"gmtModify":1677272404916,"author":{"id":"3555043402922696","authorId":"3555043402922696","name":"逢場作戲又一日","avatar":"https://community-static.tradeup.com/news/6a5fbf2ceb7c7ee0399d41e6348dadf7","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":5,"crmLevelSwitch":1,"idStr":"3555043402922696","authorIdStr":"3555043402922696"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957231575","repostId":1119061509,"repostType":4,"repost":{"id":"1119061509","kind":"news","pubTimestamp":1677245547,"share":"https://ttm.financial/m/news/1119061509?lang=&edition=fundamental","pubTime":"2023-02-24 21:32","market":"us","language":"en","title":"Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1119061509","media":"Bloomberg","summary":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer sp","content":"<html><head></head><body><p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.</p><p>The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.</p><p>Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.</p><p><img src=\"https://static.tigerbbs.com/d5e93bfdf544e5f48656c5477f47a3b0\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.</p><p>Treasury yields rose and the S&amp;P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.</p><p>From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.</p><h2>Labor Market</h2><p>The latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.</p><p>With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.</p><p>Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.</p><p>Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.</p><p>Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.</p><h2>Incomes Jump</h2><p>Incomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.</p><p>Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.</p><p>The saving rate increased to 4.7%, the highest in a year, from 4.5%.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed’s Preferred Inflation Gauge Accelerates, Adding Pressure for More Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-24 21:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-24/us-pce-inflation-accelerates-adding-pressure-for-more-fed-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119061509","content_text":"The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January and consumer spending surged after a year-end slump, adding pressure on policymakers to keep ratcheting up interest rates.The personal consumption expenditures price index increased 0.6% from a month earlier, the most since June, Commerce Department data showed Friday. Excluding food and energy, the core PCE price index also climbed 0.6%.Personal spending, after adjusting for changes in prices, jumped 1.1%, the largest advance since March 2021 following weakness at the end of last year. The increase reflected a pickup in outlays for goods and services, including motor vehicles as well as food services and accommodation.The median estimates in a Bloomberg survey of economists were for a 0.5% in the PCE price index and a 0.4% gain in the core. Real personal spending was projected to rise 1.1%.Treasury yields rose and the S&P 500 index futures extended losses on the day and the dollar jumped. Swaps traders now price in that the Fed will lift its policy rate 25 basis points at its next three meetings. Expectations on the terminal fed funds rate edged higher to about 5.4% by July, from around 5.38% earlier in the day.From a year earlier, the PCE price index was up 5.4% in January, an acceleration from December. The core metric was up 4.7%, also faster than the previous month.Labor MarketThe latest figures underscore the risks of persistently high inflation. Much of the easing that was celebrated at the end of last year has largely been erased after revisions and the acceleration in January. Furthermore, resilient consumer spending paired with the exceptional strength of the labor market will make it more difficult for the Fed to get inflation to its 2% goal.With the unemployment rate at its lowest level in more than 53 years, intense competition for a limited supply of workers has kept upward pressure on pay growth. Higher wages paired with excess savings have underpinned consumers and allowed them to keep spending for a variety of goods and services despite those rapid price increases.Fed officials, particularly Chair Jerome Powell, have emphasized the importance of price growth in so-called core services ex-housing for the inflation outlook. This category, which is thought to be largely wage dependent, includes everything from health care to haircuts.Services inflation excluding housing and energy services increased 0.6% in January, according to Bloomberg calculations.Together, the data suggest central bankers will have to raise rates higher than they expected even just a few weeks ago.Incomes JumpIncomes rose 0.6% at the start of the year, bolstered by an accelleration in wage growth. The annual cost-of-living adjustment for Social Security and Supplemental Security Income, which was the biggest increase in decades, offset the expiration of the extended child tax credit as well as a decline one-time payments made by states.Inflation-adjusted disposable income surged 1.4% in January, the biggest advance since March 2021 when the government distributed another round of stimulus payments. Wages and salaries, unadjusted for prices, increased 0.9%, more than double the prior’s month gain and the most since July.The saving rate increased to 4.7%, the highest in a year, from 4.5%.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":295,"commentSize":15,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1119061509"}