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Stable Core Inflation and PCE Data Signal Limited Fed Alarm

1 min read
Source: MarketWatch
Stable Core Inflation and PCE Data Signal Limited Fed Alarm
Photo: MarketWatch
TL;DR

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.

Topics:businesseconomy#economy#federal-reserve#inflation#interest-rates#pce-index#us-economy
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  1. Inflation rises again, PCE shows, but not enough to alarm the Fed  MarketWatch
  2. Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows  CNBC
  3. Fed's go-to gauge shows sticky inflation as Trump threatens more tariffs  Axios
  4. U.S. PCE Data Could Potentially Send Dollar Lower  The Wall Street Journal
  5. Why Friday's Inflation Report Is A Big Deal After This Week's Economic News  Investopedia

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