Economic And Job Market Resilience Could Hold Fed From Being Aggressive: MIDF
The Commerce Department’s personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised 0.1% gain in August. Economists had forecast PCE inflation climbing 0.2%. In the year through September, the PCE price index increased 2.1%, the smallest year-on-year rise in PCE inflation since February 2021 and […]