WorldUS PCE Inflation Rises 0.3% in August, Below Expectations
US Personal Consumption Expenditures (PCE) inflation rose 0.3% month-on-month and 3.4% year-on-year in August, both below economists' expectations. Core PCE inflation, excluding food and energy, increased 0.2% monthly and remained at 3.0% annually. Inflation remains above the Federal Reserve's 2% target, influencing its upcoming interest rate decisions.
HT World·3h ago



