Key Fed inflation gauge shows PCE 'going sideways'

By Yahoo! Finance   |   1 year ago
Key Fed inflation gauge shows PCE 'going sideways'

The Federal Reserve's core PCE index remained flat in October, raising concerns about achieving the 2% inflation goal. Despite a 2.8% rise in core prices, the Fed may pause rate cuts unless there's a significant decline. Markets predict another rate cut in December.

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