Forex
globalreutersSeptember 27, 20241 Mins read
What just happened: What is PCE inflation, and why does it matter?
globalreutersSeptember 27, 20241 Mins read August’s US Personal Consumption Expenditure Price Index (PCE), or PCEPI as the US Federal Reserve (Fed) refers to it, clocked in at an annualized rate of 2.2% YoY on September 27, the lowest print of the key inflation metric since March of 2021.
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