Historical Year Data · 2013

Cleveland Fed PCE Nowcast (MoM) in 2013

Cleveland Fed PCE Nowcast (MoM) opened 2013 at 2.06% and closed at 0.67%, a -67.48% move for the year. The high of 2.06% was reached on July 1, and the low of 0.67% on October 1.

Open

2.06%

2013-01

0.67%

2 data points

High

2.06%

Jul 1

Low

0.67%

Oct 1

Full Year Change

-67.48%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jul	2.06%	2.06%	2.06%	2.06%	+0.00%
Oct	0.67%	0.67%	0.67%	0.67%	+0.00%

Events During 2013

2013 Taper Tantrum

Reflation

May–September 2013

When Fed Chair Ben Bernanke suggested tapering QE in May 2013, 10Y Treasury yields nearly doubled, emerging markets cracked, and carry trades unwound violently.

Next Year

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