According to Odaily Planet Daily, the financial website Forexlive commented on the US PCE data: In the 12 months ending in November, the PCE price index rose 2.4% year-on-year, and the core PCE rose 2.8% year-on-year. This is an unexpectedly cooling report across the board, the dollar is being sold off, and bonds are rebounding.
See original
US PCE data shows a broad cooling, dollar sell-off, bond rebound
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0