Core PCE Inflation
L2 — Indicators3.9% MoM annualized (index 130.1, as of 2026-05-01) — Running hot vs the 2% target
What it measures: Core PCE price index, latest month-over-month change annualized — the Fed's preferred inflation gauge
Threshold: < 3% at/near target | 3-4% hot | > 4% inflation shock
Current interpretation: 3.9% MoM annualized (index 130.1, as of 2026-05-01) — Running hot vs the 2% target
Full methodology for this signal is forthcoming — the write-up has not yet been published. The live reading above comes directly from the signal engine.
How it works
This signal's mechanism doesn't reduce to a standard diagram — read the methodology below for how it's constructed.
The history
Historical series being assembled — this signal has no archived daily series yet. The chart renders automatically once 60 observations exist; the live reading above is current either way.
Educational content. Not investment advice; past patterns do not guarantee future results. Signals identify regime environments, not exact timing or magnitude.