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Inflation Accelerated in October, PCE Index Shows

29 October 2026 at 12:55
The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.

© Ben Stansall/Agence France-Presse — Getty Images

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