US Core PCE Prices Jump Most in Four Months as Spending Picks Up

US Core PCE Prices Jump Most in Four Months as Spending Picks Up

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US Core PCE Prices Jump Most in Four Months as Spending Picks Up (Bloomberg) -- The Federal Reserve’s preferred measure of underlying inflation accelerated to a four-month high in September and consumer spending picked up, keeping the door open to another interest-rate hike in the months ahead. •…

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