CatalystMacro

Inflation Accelerated in October, PCE Index Shows

October PCE Index shows accelerating inflation, a key macro catalyst.

Context

What happened: The PCE index showed inflation accelerated in October. Why it matters: A severe energy crunch from the war with Iran sent oil prices soaring, and that has been a factor pushing prices up this year.

What changed

The PCE index showed inflation accelerated in October.

Why it matters

A severe energy crunch from the war with Iran sent oil prices soaring, and that has been a factor pushing prices up this year.

Sources

nyt