- PCE price index rose 0.5% m/m in September
- August PCE was 0.3% m/m
- 12-month PCE inflation: 3.6%, up from 3.4%
PCE price index rose 0.5% in September, annual rate climbed to 3.6%. core PCE up 0.3% monthly, 3.1% yearly. Data follows Fed's rate hold, with a December hike expected. personal incomes rose 0.2%, spending 0.5%, both below forecasts.
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