U.S. Inflation Edges Up: October PCE Data Signals Economic Shifts

The latest Personal Consumption Expenditures (PCE) price index data reveals subtle yet significant changes in the US economic landscape. October’s figures show a 0.2% increase in the PCE index, matching market expectations. This uptick follows a similar rise in September, hinting at a steady inflationary trend. Year-over-year, the PCE index climbed to 2.3%, surpassing the […]