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Investor's Business Daily

Investor's Business Daily

PCE Inflation Tops Forecasts As Consumers Binge

Investor's Business Daily
Summary
Nutrition label

88% Informative

The core PCE price index rose 0.3% in September , meeting forecasts.

The 12-month headline inflation rate eased to 2.1% , matching estimates.

The S&P 500 futures were off 0.6% in early Thursday stock market action.

The Labor Department reported that initial jobless claims unexpectedly fell in the week through Oct. 26 .

VR Score

94

Informative language

97

Neutral language

70

Article tone

formal

Language

English

Language complexity

36

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links