Report
US core PCE inflation came in at 3.0% in August, below expectations
CNBC reports the reading was below the 3.3% Dow Jones consensus. A separate post says inflation-adjusted consumer spending rose 0.6% in August.
TLDR
CNBC reports that core PCE inflation was 3.0% in August, below the 3.3% Dow Jones consensus. A separate post says inflation-adjusted US consumer spending rose 0.6% that month, its strongest monthly increase since March 2025.
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