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US Core PCE Prices Post Smallest Monthly Rise Since Late 2020

Summary by Financial Post
(Bloomberg) — The Federal Reserve’s preferred measure of underlying inflation rose at the slowest monthly pace since late 2020, helping to lay the groundwork for policymakers to forgo an interest-rate hike at their next meeting.

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US Core PCE Prices Post Smallest Monthly Rise Since Late 2020

(Bloomberg) — The Federal Reserve’s preferred measure of underlying inflation rose at the slowest monthly pace since late 2020, helping to lay the groundwork for policymakers to forgo an interest-rate hike at their next meeting.

·Canada
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Financial Post broke the news in Canada on Friday, September 29, 2023.
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