Goldman: Start-of-the-year price increases were expected to lead to a temporary bump in inflation, but recent news has been even more unfavorable.
Core PCE is still expected to fall significantly, from +4.7% last month to +3.3% in December (vs +2.9% in a forecast one month ago) https://t.co/RPMbVimNDS
— Nick Timiraos (@NickTimiraos) February 27, 2023