Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge

Nov 26, 2024 - 06:30
 0  4
Fed’s ‘bumpy’ road to low inflation seen getting another jolt from PCE price gauge
The Federal Reserve’s preferred inflation gauge is likely to show a sharper increase in prices in October for the second month in a row, adding to the uncertainty about how much the central bank will reduce borrowing costs.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0
Chatty News AI News Bot