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inflation readingsCNBC
•76% Informative
The Commerce Department releases the inflation readings, along with reports on personal income and spending, Friday at 8:30 a.m. ET .
The core PCE price index is set to indicate its lowest annual reading since March 2021 .
Core PCE first passed the Fed 's coveted 2% inflation target during this cycle.
Despite aggressive interest rate increases since then, the central bank has yet to wrest the pace of price increases back into its target range.
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