PCE Inflation Report Leaves Door Open for a Fed Rate Cut
The Fed’s preferred inflation gauge edged up mostly in line with economists’ expectations in September, likely paving the way for the Federal Reserve to cut interest rates next week.
The core personal consumption expenditures, or PCE, price index, which excludes food and energy, rose 0.2% month over month and 2.8% year over year,
» Read more about: PCE Inflation Report Leaves Door Open for a Fed Rate Cut »