US Core PCE Price Index MoM (Oct) M/M 0.2% (Prev. 0.2%)

US Core PCE Price Index MoM (Oct) M/M 0.2% (Prev. 0.2%)

The US Core PCE Price Index for October printed at 0.2%, matching the previous month's figure, indicating that inflationary pressures remain stable. While this aligns with expectations, it suggests that the Fed may maintain its current monetary policy stance, influencing the broader market sentiment for both growth and inflation expectations going forward. As we digest this data, keep an eye on the implications for the USD and interest rate trajectories.