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US Core PCE Prices QoQ Final (Q3) Q/Q 2.90% vs. Exp. 2.9% (Prev. 2.60%, Rev. From 2.6%)

Newsquawk Staff ·

US Core PCE Prices QoQ Final (Q3) Q/Q 2.90% vs. Exp. 2.9% (Prev. 2.60%, Rev. From 2.6%)

What it means

The US Core PCE Prices came in at 2.90%, matching expectations and indicating a slight increase from the previous quarter. This confirms the trend of rising prices, which may have implications for future monetary policy, potentially keeping the Fed's tightening path on track as they monitor inflationary pressures closely.

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