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PCE inflation gauge matches expectations, offering relief to Fed

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Summary
Nutrition label

79% Informative

The Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year over year.

The "core" Personal Consumption Expenditures index, which strips out food and energy costs, rose 0.3% from the prior month during January , but that rise was in line with expectations.

The central bank is all but certain to hold rates steady for the second consecutive meeting this year .

VR Score

90

Informative language

96

Neutral language

64

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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