Economists anticipate a 0.2% increase in core PCE inflation for the last month, with a year-on-year rise expected to be around 3.5%.
If the 12-month core PCE inflation print in the US aligns with estimates, it would mark the slowest pace of annual core price growth since April 2021.
While the current backdrop does not signify "mission accomplished" in terms of addressing inflation, policymakers must now focus on planning for the next phase ...