Inflation Accelerated in October, PCE Index Shows
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The Personal Consumption Expenditures (PCE) price index increased in September, according to data released a day after the Federal Reserve decided to keep interest rates unchanged. The rise indicates that inflation accelerated in October. The figures were published by the relevant statistical agency.
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.