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"Fed's Mouthpiece": Expected core PCE to pump by about 0.22% in September.

On November 26, Nick Timiraos, a Wall Street Journal reporter known as the “Fed's mouthpiece,” posted on social media stating, “With the release of the September consumer price index (CPI) and producer price index (PPI) data, the core personal consumption expenditures (PCE) for September is expected to rise by about 0.22%, very close to the core CPI level for that month. If it is below this level, the year-on-year inflation rate will be adjusted down from 2.9% in August to 2.8%.”

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