The latest data from the US has made waves in the markets. The core PCE price index came in at 2.8% year-over-year. This figure, which is below analysts' expectations of 2.9%, is also lower than the previous period's rate of 2.9%. The easing of inflationary pressure may influence the Fed's monetary policy decisions.
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WalletDetective
· 11h ago
PCE came in at 2.8%, so analysts made a mistake again, it seems.
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GateUser-bd883c58
· 11h ago
There is a drop in PCE, right? What will the Fed do now? Do you know how the market would react if they go for a rate cut?
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GraphGuru
· 11h ago
PCE came in at 2.8%, analysts must have been wrong again lol
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TestnetFreeloader
· 11h ago
Oops, the PCE didn't play by the rules again. Coming in lower than expected is actually quite interesting.
The latest data from the US has made waves in the markets. The core PCE price index came in at 2.8% year-over-year. This figure, which is below analysts' expectations of 2.9%, is also lower than the previous period's rate of 2.9%. The easing of inflationary pressure may influence the Fed's monetary policy decisions.