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Today, the December 2024 PCE inflation report was released and was expected to rise to 2.6 from 2.4 in November, with core PCE rising to 2.8. The Fed remains cautious about cutting interest rates as inflation remains above its 2% target
Today, the December 2024 PCE inflation report was released and was expected to rise to 2.6 from 2.4 in November, with core PCE rising to 2.8. The Fed remains cautious about cutting interest rates as inflation remains above its 2% target