U.S. Economy
Pantheon Macroeconomics, following US October CPI: "... look consistent with an increase in the core PCE deflator within a 0.35-to-0.40% range and a rise in the core PCE inflation rate to 3.3%, from 3.1% in September."
ORIGINAL · NewsquawkPantheon Macroeconomics, following US October CPI: "... look consistent with an increase in the core PCE deflator within a 0.35-to-0.40% range and a rise in the core PCE inflation rate to 3.3%, from 3.1% in September."
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Pantheon estimated October CPI was consistent with core PCE inflation rising to 3.3%; Reuters reported monthly CPI and core CPI increases above surveyed forecasts.
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