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September 01, 2020 1:43pm
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Two Measures of Inflation: October 2023

The BEA’s core Personal Consumption Expenditures (PCE) Price Index for October shows that core inflation continues to be above the Federal Reserve’s 2% long-term target at 3.5%. The October core Consumer Price Index (CPI) release was higher, at 4.0%. The Fed is on record as using core PCE data as its primary inflation gauge. For [...] The post Two Measures of Inflation: October 2023 appeared first on ETF Trends .
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