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Benzinga
Benzinga
Business
Piero Cingari

Fed's Favorite Inflation Gauge Cools, Consumer Sentiment Rebounds In December

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Economic data released Friday showed the Fed's preferred inflation gauge eased slightly in September, while early December readings pointed to a rebound in consumer sentiment as inflation expectations cooled.

The Bureau of Economic Analysis published the delayed September Personal Income and Outlays report, pushed back several weeks due to the government shutdown.

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