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Market Analysis: PCE inflation unexpectedly cooled across the board, US dollar sold off
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2024-12-20 22:32 4,343
Golden Finance reported that financial website Forexlive commented on U.S. PCE data: Estimates based on the consumer price index and other data show that in the 12 months to November, the PCE price index rose 2.4% year-on-year, excluding volatile food and Core PCE for the energy category rose 2.8% year over year. It's an unexpectedly cooling report across the board, and the dollar is selling off while bonds are rallying. (Golden Ten)
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