[Powell: The labor market has cooled to the point where it no longer poses significant inflationary pressure] Golden Finance reported that Federal Reserve Chairman Powell said that the PCE in October is expected to increase by 2.3% from the same period last year (2.1% in September), and the core PCE is expected to increase by 2.8%. % (2.7% in September). The U.S. economy has performed quite well recently, and the labor market has cooled to the point where it no longer poses significant inflationary pressures.