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Forexlive: PCE data will strengthen people's confidence that the economy is cooling down

Bitget2024/09/27 12:45

Forexlive, a financial website, reported that the unrounded value of the US core PCE price index for August was 0.1304%, slightly lower than the 0.14% stated by Federal Reserve Governor Waller. Income and expenditure data also appeared somewhat weak, which should boost people's confidence that the economy is cooling down.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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