SF Fed WP 2026-21: a very strong El Nino adds about 1% to the PCE price level by following Nov. NOAA: strong-to-very strong through Jan–Mar 2027 (>83%). RateWatch Dec hike 80.8% (4:38 PM ET Tue Nov 3).
SF Fed WP 2026-21: a very strong El Nino adds about 1% to the PCE price level by following Nov. NOAA: strong-to-very strong through Jan–Mar 2027 (>83%). RateWatch Dec hike 80.8% (4:38 PM ET Tue Nov 3).