‘Important’ measure influences US central bank on interest rate decision

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‘Important’ measure influences US central bank on interest rate decision
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CommSec’s Tom Piotrowski says on Friday the markets “threaded the needle” on an important data release which the US central bank looks at carefully.

CommSec’s Tom Piotrowski says on Friday the markets “threaded the needle” on an important data release which the US central bank looks at carefully. “It’s titled rather awkwardly – it’s the ‘personal consumption expenditure deflator’,” he told Sky News Australia.

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