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PCE up 0.6% MoM (0.5% expected) and up 4.7% YoY (4.4% expected)

The personal consumption expenditures price (PCE) index is a key Fed indicator. "Consumer spending also rose more than expected as prices increased, jumping 1.8% for the month vs. the estimate for 1.4%."
2023-02-24 08:48:54