Singapore Stock Exchange - Equity Investments
Discussion forum on Singapore stocks and current affairs.
Friday, March 1, 2024
US core PCE index.
Let's take a look at US core PCE which is the US Fed's favourite inflation indicator.
US core PCE (y-o-y): 2.8%
US core PCE (m-o-m): 0.4%
It looks like US core PCE is not going to decline much further anymore because its low monthly core PCE is unsustainable.
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