Tag: advance

Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

US PCE KEY POINTS:August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expectedCore PCE, the Fed’s favorite inflation gauge, increases 0.6% month-on-month, compared to a forecast of 0.5%. Meanwhile, the...

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