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Fed's preferred inflation measure, the PCE price index, will be released on Thursday

Fed's preferred inflation measure, the PCE price index, will be released on Thursday

| June 30, 2022
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Looking ahead to Thursday, we will get data on the PCE price index, the Fed’s preferred measure of inflation. Markets are expecting Core PCE to increase by 4.8% year-over-year, and any deviation from consensus likely will add to volatility for the remainder of the week.

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