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Fed's Powell Says Inflation is on Its Way to 2%

Benzinga ·  Nov 14 15:02

Fed's Powell Says Total Personal Consumption Expenditures Price Index Likely Rose 2.3% In October From Year Earlier (Vs 2.1% In September); Core PCE Likely Rose 2.8% (Vs 2.7% In September); Fed Expects These Rates To Continue To Fluctuate In Recent Ranges; Watching Carefully To Be Sure They Do; Labor Market Is Solid, Inflation Is On A Sustainable Path To 2%

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