US Core PCE Rises, Estée Lauder Pulls Guidance
Bloomberg Intelligence
Analyzing Core PCE Trends and Their Implications for Inflation
This chapter explores the latest data on core Personal Consumption Expenditures (PCE), emphasizing its importance as an inflation indicator for the Federal Reserve. It also examines the current rate of 2.7%, the effects of services inflation, and the implications of election outcomes on tariffs and prices.
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