Breaking: US annual Core PCE inflation rises to 5.1% in September vs. 5.2% expected

Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, stayed unchanged at 6.2% on a yearly basis in September, the US Bureau of Economic Analysis announced on Friday. 

The Core PCE Price Index, the Federal Reserve's preferred gauge of inflation, edged higher to 5.1% on a yearly basis from 4.9% in August, compared to analysts' estimate of 5.2%, and was up 0.5% in September.

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