US core PCE records two-year low!
Tonight’s core PCE announced values are too accurate! It actually reaches 6 digits after the decimal point!
Expected value 3.5%
Published value 3.462924%
Previous value 3.7%
PCE hit a two-year low in October!
This indicates that the probability that the Federal Reserve will not raise interest rates in December is further improved!
It’s a perfect end to November! #pce