The Fed’s Favorite Inflation Report Is in. Here’s What We Learned…

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Yesterday, we got a fresh look at the latest Personal Consumption Expenditures (PCE) price index reading for August. And after a slew of economic data this week, the question emerging on the minds of a lot of investors has been... 1) Did the Fed cut rates in time and 2) is another “jumbo” cut needed at its next meeting in November?

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