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US Economy · United StatesThe Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week. The Commerce Department on Friday reported that the personal consumption expenditures (PCE) index rose 0.3% in September from a month ago and is up 2.8% from last year. Those figures were in line with the estimate of LSEG economists. See the Story
Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
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