A separate report on Thursday showed the fourth-quarter personal consumption expenditures (PCE) price index accelerated at a 3.7% pace, revised up from the previously estimated 3.2% pace. The upgrades point to higher January PCE price index readings, due at 1330 GMT. Traders of Fed funds futures expect benchmark rates to peak at 5.343% in July and remain above 5% through the year.from Commodities-Markets-Economic Times
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