ChainCatcher news, according to Jinshi, the financial website Forexlive commented on the US PCE data: Estimates based on the consumer price index and other data show that the PCE price index rose 2.4% year-on-year in the 12 months ending in November, and the core PCE, excluding the more volatile food and energy categories, 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.