Key Us Inflation Indicator Hits 6-Year High

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Key Us Inflation Indicator Hits 6-Year High



The Personal Consumption Expenditures toll index, the Federal Reserve's preferred inflation measure, hitting a six-year high inwards May, according to the Commerce Department.

On an annual basis, the PCE toll index hitting 2.3 percent, the highest since March 2012.

And excluding the volatile nutrient in addition to fuel components, the "core" PCE index rose 2 per centum over 12 months, the highest since Apr 2012.

Buckle up, it is solely going to larn worse from here. #EPJDailyAlert

-RW  


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