The Federal Reserve's favorite inflation indicator continues to cool, with the March core PCE price index year-on-year at 2.65%, lower than the previous value
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In March, the core PCE price index in the United States fell year-on-year to 2.65%, lower than the previous value of 2.8%, and remained flat month-on-month at 0%. Personal income increased by 0.5% month-on-month, exceeding the expected 0.4%; personal consumption expenditures rose by 0.7% month-on-month, also higher than the expected 0.6%
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