Key Fed PCE inflation rate meets expectations at 2.1% for September

Business

Oct. 31 (UPI) -- The Federal Reserve 's key inflation rate, the personal consumption expenditures price index, rose in line with expectations in September, the Commerce Department's Bureau of Economic analysis reported Thursday. PCE increased a seasonally adjusted 0.2%, according to a Thursday report from the . The annual adjusted PCE inflation rate was 2.1%. Advertisement Both the monthly and the annual PCE rates met expectations of Dow Jones economists. The BEA said the annual PCE inflation

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