Key inflation gauge for the Fed rose 0.5% in September, in line with expectations
https://www.cnbc.com/2022/10/28/pce-...ber-2022-.htmlThe core personal consumption expenditures price index in September increased 0.5% from the previous month and 5.1% from a year ago.
Including food and energy, PCE inflation rose 0.3% for the month and 6.2% on a yearly basis.
Personal spending rose 0.6%, more than expected amid the rise in prices.
Compensation costs increased 1.2% in the third quarter, in line with estimates.
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