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Core PCE Inflation At 3.3% In April, Highest Level Since 2023

Advisor Perspectives Charts· ·2 min read · 0 reactions · 0 comments · 24 views
#inflation#economy#federal reserve
Core PCE Inflation At 3.3% In April, Highest Level Since 2023
⚡ TL;DR · AI summary

The core PCE price index rose to 3.3% year-over-year in April, marking the highest level since 2023. This figure aligns with market forecasts and reflects ongoing inflationary pressures. The data is significant as it is closely monitored by the Federal Reserve for monetary policy decisions.

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