PCE Report: Why ‘As Expected’ Is A Negative In This Case

This is a case where no news is bad news. What the PCE report showed this morning is that inflation is still a problem, but it is a problem that consumers are doing their best to ignore.This is a case where no news is bad news. What the PCE report showed this morning is that inflation is still a problem, but it is a problem that consumers are doing their best to ignore. 

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