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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

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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