US September PCE inflation records 3.6% amid rising consumer prices
CBRS Cerebras Systems Inc
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View chart & analysis → - 1The US PCE inflation figure for September recorded 3.6%.
- 2The September core PCE inflation figure rose to 3.1%.
- 3The Cleveland Fed indicates that consumer prices are heading in the wrong direction.
So what's the key point?
Consumer prices in the US rose by 3.6%. Because prices are moving in the wrong direction, investors need to be cautious.
Source Investor's Business Daily +2 · View original ↗
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