Anders Svendsen, Research Analyst at Nordea Markets, notes that the US core PCE prices increased by 0.2% m/m in September, slightly faster than expected (Nordea and consensus: 0.1% m/m) after a weak core CPI report for the same month. Key Quotes “Correspondingly, core PCE inflation remained unchanged at 2.0% – spot on the Fed’s target. Headline PCE prices increased 0.1% m/m and 2.0% y/y, also slightly higher than expected and spot on target. Both core CPI and core PCE prices have showed rather weak momentum in August and September, but we find that most can be explained by temporary factors. The main negative surprises stem from core goods prices in general and apparel prices more specifically. Core services price inflation is still rising, and we expect more increases going forward as wage growth increases.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD stays neutral, a test of 0.70 lost traction – UOB FX Street 4 years Anders Svendsen, Research Analyst at Nordea Markets, notes that the US core PCE prices increased by 0.2% m/m in September, slightly faster than expected (Nordea and consensus: 0.1% m/m) after a weak core CPI report for the same month. Key Quotes "Correspondingly, core PCE inflation remained unchanged at 2.0% - spot on the Fed's target. Headline PCE prices increased 0.1% m/m and 2.0% y/y, also slightly higher than expected and spot on target. Both core CPI and core PCE prices have showed rather weak momentum in August and September, but we find that most can be explained by temporary factors.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
