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U.S. EconomyIMPORTANT

US Core PCE Price Index MoM (Jun) M/M 0.1% vs. Exp. 0.2% (Prev. 0.3%)

StockNow breaking-news AI analysis

June's Core PCE rose 0.1%, undershooting expectations and prompting markets to reduce rate hike bets. While inflation shows signs of cooling, Fed officials remain cautious and data-dependent regarding future moves.

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U.S. Economy

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