Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US
- Latest core PCE data meanwhile accelerated to 0.30% M/M in September from three months averaging 0.17% M/M.
- It meant a 3-month average rising to 2.5% annualized after a rare return to the 2% target as of August for the first time since Dec’20.
- The six-month rolling average meanwhile dipped a tenth to 2.8% annualized but the pace of moderation is slowing.
- The monthly lift in core PCE saw a sizeable contribution from the supercore equivalent bouncing to a strong 0.42% M/M in September, with three-month and six-month averages of 4.0% and 3.5% respectively.
- We’re left with a trend of decent disinflationary progress compared to the 5% readings in core PCE as recently as 1Q23, but one that has started to stall and with core services excluding housing still far above the 2% target.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok