Stable Core Inflation and PCE Data Signal Limited Fed Alarm
TL;DR Summary
Inflation in the U.S. rose slightly in August according to the PCE index, but not enough to alarm the Federal Reserve, which is still considering rate cuts. The core inflation rate remains steady, and the overall inflation rate is above the Fed's 2% target but expected to peak soon, with upcoming employment and consumer price reports likely to influence future rate decisions.
- Inflation rises again, PCE shows, but not enough to alarm the Fed MarketWatch
- Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows CNBC
- Fed's go-to gauge shows sticky inflation as Trump threatens more tariffs Axios
- U.S. PCE Data Could Potentially Send Dollar Lower The Wall Street Journal
- Why Friday's Inflation Report Is A Big Deal After This Week's Economic News Investopedia
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