U.S. Consumer Prices Rise in Line With Estimates in September
The Commerce Department reported that its PCE price index rose in September, in line with economist estimates.
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The Commerce Department reported that its PCE price index rose in September, in line with economist estimates.
The Commerce Department said the personal consumption expenditures price index increased in September, in line with economist estimates.
The 10-year TIPS yield closed at 2.78% on Oct. 15, up from 1.71% a year earlier, while the S&P 500 rose 16.8%. The article says earnings growth offset a lower forward valuation multiple and examines how higher real yields could pressure equity valuations.
US Q2 core PCE price index increased by +3.6%, according to TradingView News.
July US consumer price index data drew conflicting interpretations, with some economists citing disinflation and narrower price gains while others questioned the energy-price timing in the print.
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