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"Federal Reserve Whisperer" Nick Timiraos: Forecasts show that the month-on-month PCE inflation in the United States in December is expected to increase by 0.37%. This will raise the core PCE index to an annual rate of 3.0%, the highest level since February 2025. The overall PCE annual rate is forecasted to be 2.9%, the highest level since March 2024.
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