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Steven Lubka: PCE inflation slows to annual rate below U.S. Fed target

Steven Lubka: PCE inflation slows to annual rate below U.S. Fed target
PCE inflation below U.S. Fed target

Steven Lubka highlights a significant slowdown in PCE inflation, with the annualized rate now falling below the U.S. Federal Reserve's target.

This development may impact expectations surrounding monetary policy and inflation management.

Lubka has recently commented on intraday equity performance. He noted that major indexes opened high but retraced due to semiconductor sector concerns. This followed an initial boost from positive sentiment around oil prices.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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