Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

[BECKHAM]

August U.S. Core PCE rises 4.9% y-o-y, topping expectations calling for an advance to 4.7%, a sign that price pressures are struggling to moderate despite tighter financial conditions.

FOR MORE ... (https://www.dailyfx.com/news/fed-s-favorite-inflation-gauge-rises-to-4-9-reinforcing-the-us-dollar-advance-20220930.html)