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US PCE inflation data comes in at 2.3% in line with expectations

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Summary
Nutrition label

65% Informative

The US Bureau of Economic Analysis released the PCE data for October , which showed that inflation rose by 2.3% year over year ( YoY ) Month over month, the Core PCE rose 0.3% , which is in line with estimates and similar to what was recorded in September .

This data is one of the macro activities that is in the focus this week , considering its impact on the crypto market.

VR Score

56

Informative language

53

Neutral language

28

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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