PCE inflation data.
The Personal Consumption Expenditures (PCE) report measures the changes in the prices of goods and services consumed by households in the U.S. It provides a comprehensive view of inflation, helping to inform the Federal Reserve's decisions on monetary policy. The implications of this report are significant, as it influences interest rates, monetary policy, and overall economic outlook. The PCE index, particularly its core component excluding food and energy, is closely watched for insights into underlying inflation trends.
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