Will the PCE price index reach 118 points at the end of 2021?
Market Rules
The Personal Consumption Expenditures (PCE) price index is reported monthly and reflects changes in the prices of goods and services purchased by consumers in the United States. The PCE price index has been rising steeply since the end of 2020 and many observers fear that the current monetary policy in the US might lead to a higher inflationary path.
This market will be resolved based on the figures of the PCE price index for December 2021, as published by the US Bureau of Economic Analysis and charted at https://fred.stlouisfed.org/series/PCEPI.
Comments
- seldoncrisis: The December figure is out (118.715), so this can be officially resolved now.
- Futuur: seldoncrisis You are correct. We have just resolved the market 🙂