⚡️ JUST IN: US September PCE inflation, the Fed's preferred inflation metric, rises to 3.

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⚡️ JUST IN: US September PCE inflation, the Fed's preferred inflation metric, rises to 3.6%.

Core PCE inflation also rose to 3.1%, up +0.3% month-over-month. This officially confirms CPI, PPI, and PCE inflation are all rising again. A December rate hike is coming.

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