Powell: August PCE is expected to rise by 2.7%, core PCE is expected to rise by 2.9%
ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that the overall Personal Consumption Expenditures (PCE) index in August is likely to have increased by 2.7% compared to the same period last year, and the core PCE has risen by 2.9% year-on-year.
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