The Federal Reserve's primary inflation rate, the core PCE price index, came in right in line with modest expectations, helping to cement expectations for an Oct. 30 rate cut. S&P 500 futures climbed modestly after three straight down days, with Intel among the top early performers amid news that President Trump is threatening tariffs on chip imports for companies that don't meet demands for domestic production.
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PCE Inflation Data In Line, Bolsters Fed Rate Cut Outlook (Live Coverage)
Published 1 month ago
Sep 26, 2025 at 12:44 PM
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