4.6 • 1.3K Ratings
🗓️ 3 April 2025
⏱️ 22 minutes
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0:00.0 | Remember what I called in December? I said inflation is going to run hot, right? |
0:03.2 | So one month annualized core PCE, so inflation numbers, is at 4.5%. |
0:08.0 | I thought it was 2.8. |
0:09.6 | So it is 2.8, but that's on a different metric. I'm actually looking at this. |
0:14.0 | Okay, so core PCA inflation came in hot rising to an annual rate of 2.8% from the initially reported 2.6% in January. |
0:21.6 | Right, but this we're talking about one month. |
0:24.6 | One month is 4.5%. Does that make sense? |
0:27.6 | Oh, so not annualized. This is month over month. |
0:31.6 | Yeah, so one month, 4.5, 3 months is 3.6, 6 month is 3.1, 12 month is 2.8. Does that make sense? |
0:38.4 | No, because if your number's bigger from one month over the next, wouldn't it just start going larger and larger? |
0:45.0 | In the red? |
0:47.1 | So, course, 4.5, 3 months is 3.6. |
0:51.7 | But from a math equation standpoint, because I'm confused on this, if your growth |
0:55.7 | rate for, hopefully your iPad didn't mess up, okay, if your growth rate on a year over year |
1:02.3 | perspective is 3%, just to keep math simple, but we're in March right now at the very end. But if |
1:09.2 | your growth rate from February to March is 4%, then your growth rate from year over |
1:14.5 | year wouldn't be 3%. |
1:15.8 | It would be high. |
1:16.2 | I think this is saying it's accelerating, which is what I call it in December when we made |
1:21.0 | the predictions. |
1:21.7 | I think this is what it's say it's on one month, month over month, it's accelerating. |
1:26.2 | Yeah, but if a month over month is accelerating, it would show in your annualized number too. |
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