Inflation ticks back up … the Fed shows no sign of dovishness … Wall Street still doesn’t buy it 100% … the Fed is destroying the global economy … what to watch next On Friday, the Fed’s preferred inflation gauge came in hot, raising a few eyebrows about the level of the upcoming Consumer Price Index.August’s Personal Consumption Expenditures Price Index excluding food and energy rose 0.6% after being flat in July.Here’s CNBC with the details: [The 0.6% reading] was faster than the 0.5% Dow Jone
