Fed’s preferred inflation gauge eases to 6.0%: time to turn bullish? S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0% in October. Cameron Dawson reacts to the economic data For the month, Fed’s preferred inflation gauge was up 0.2% versus a 0.3% increase expected. A [...] The post Fed’s preferred inflation gauge eases to 6.0%: time to turn bullish? appeared first on Invezz.
Author: Wajeeh Khan
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