Fed's Favorite Inflation Indicator Hotter Than Expected In September
Fed’s Favorite Inflation Indicator Hotter Than Expected In September The Fed’s favorite inflation indicator – Core PCE – printed hotter than expected in September (+2.7% vs +2.6% exp), flat with August’s 2.7% rise… Source: Bloomberg The headline PCE rose 0.2% MoM, which dragged down YoY PCE to +2.1% – its lowest since Feb 2021… Source: […]
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