Fed's preferred inflation measure comes in hot at 3.6%

T1Covered by 1 source · first reported by American Banker (headlines) at 29 Oct, 12:47 UTC

The Bureau of Economic Analysis' PCE index came in at an annualized rate of 3.6%, confirming that prices continue to rise faster than the Federal Reserve's 2% target.

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Sources

• T1Fed's preferred inflation measure comes in hot at 3.6%American Banker (headlines)29 Oct, 12:47