Inflation Accelerated in October, PCE Index Shows

Summary
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.
Description from The New York Times.
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Inflation Accelerated in October, PCE Index Shows
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.
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Federal Reserve’s preferred measure of inflation rose slightly in September
Inflation increased slightly in September after declining in August, new data from the Bureau of Economic Analysis (BEA) showed Thursday. The personal consumption expenditures (PCE) price index, the preferred inflation metric for the Federal Reserve, rose by 0.5 percent last...




