Market analysis: PCE inflation unexpectedly cooled across the board, and the US dollar was sold off

Financial website Forexlive commented on the US PCE data: Estimates based on the Consumer Price Index and other data show that the PCE price index rose 2.4% year-on-year in the 12 months ending in November, and the core PCE, which excludes the more volatile food and energy categories, rose 2.8% year-on-year. This is an unexpectedly cooling report across the board, the dollar is being sold off, and bonds are rebounding. (Jinshi)