The core PCE price index in the U.S. recorded a year-on-year rate of 2.8% in June, the highest since February, while the market expected it to be 2.7%.
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US Core PCE Year-on-Year Rate Exceeds Expectations
The core PCE price index in the U.S. recorded a year-on-year rate of 2.8% in June, the highest since February, while the market expected it to be 2.7%.