The August personal consumption expenditures price index data is out.

Core PCE rose 2.9% on an annual basis in August, slightly higher than the prior month and in line with economists' expectations.

The post Markets Eye PCE Inflation Gauge Friday appeared first on Considerable.

The Commerce Department released the August PCE inflation data which showed that inflationary pressures remained well above the Fed's 2% target last month as tariffs push prices up.

The Fed has explicitly tied its 2% inflation target to PCE, making each release a key driver of interest rate expectations.

Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut in October by the Federal Reserve. The core personal consumption expenditures ...

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A key measure of inflation rose at a slightly elevated pace in August, but not enough to suggest much bigger increases tied ...

Breaking: US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all ...

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The bad news from Friday's PCE index for August was that core inflation remained stuck near a 3% annual pace, according to ...