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PCE Inflation Report: August Core and Headline Numbers Come in as Expected; What the Data Mean for Fed Rate Cut
Follow live coverage and analysis of the August data release.
Core inflation was little changed in August, according to the Federal Reserve's primary forecasting tool, likely keeping the central bank on pace for interest rate reductions ahead.
The personal consumption expenditures price index posted a 0.3% gain for the month, putting the annual headline inflation rate at 2.7%, the Commerce Department reported Friday.

Great news!
We are slowly getting out under the thumb of the Biden "economy".