Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

August U.S. Core PCE rises 4.9% y-o-y, topping expectations calling for an advance to 4.7%, a sign that price pressures are struggling to moderate despite tighter financial conditions.

from DailyFX – Market News https://bit.ly/3y1QJhW
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