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US Inflation: Core PCE Rises at Slowest Monthly Pace Since Late 2020

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September 29, 2023

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The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.1% in August, the slowest monthly pace since late 2020, while consumer spending and income both saw a gain of 0.4%. Michael McKee breaks down the numbers on Bloomberg Television.

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US Inflation: Core PCE Rises at Slowest Monthly Pace Since Late 2020 · Bloomberg Television · Sentinel