Read this in The Manila Times digital edition.
WASHINGTON — The US Federal Reserve's preferred inflation measure cooled further in September and now sits just above its long-term target, according to government data published Thursday, shortly before the presidential election.
The personal consumption expenditures (PCE) price index eased to 2.1 percent in the 12 months to September, down from 2.3 percent in August, the Commerce Department announced in a statement.
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