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Key Fed gauge shows inflation is 'going sideways'

Yahoo Finance
Summary
Nutrition label

86% Informative

The Federal Reserve's preferred inflation gauge showed price increases were flat in October from the prior month .

The core PCE index strips out food and energy costs and is closely watched by the central bank.

The print follows two sticky inflation readings from other October datasets.

Markets are pricing in a roughly 67% chance the Fed will cut interest rates at its December meeting.

VR Score

91

Informative language

92

Neutral language

74

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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