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Benzinga
Benzinga
Business
Adam Eckert

The Fed's Preferred Inflation Number Is Coming Friday: PCE Preview

An important inflation reading for the Federal Reserve is coming Friday, with the Bureau of Economic Analysis set to release the Personal Consumption Expenditures (PCE) price index data for August.

What To Know: The PCE price index is the Federal Reserve's preferred inflation gauge. It's released on a monthly basis and shows changes in the prices of goods and services purchased by consumers in the U.S. 

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