(AOF) – The PCE price index rose 0.1% in December over one month, against a consensus of +0.2% after +0.1% in November. On an annual basis, the Fed’s preferred measure of inflation came out at 5% against a consensus of +5.5% after 5.5% in May. Excluding inflation and food, it rose by 0.3% in December over one month, in line with expectations.
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