Inflation breadth stays above its 2017-2019 average
Inflation is still spread across more PCE components than the 2017-2019 average. UBS's chart tracks the share with 6m annual inflation above 3%. That share remains elevated, even after retreating from its peak.
Inflation is still spread across more PCE components than the 2017-2019 average. UBS's chart tracks the share with 6m annual inflation above 3%. That share remains elevated, even after retreating from its peak.
