Macro Finance
US Core PCE Rises 0.2%, Consumer Spending Soars in August
Bloomberg Markets·September 30, 2026·1 min read
The US core PCE price index rose 0.2% in August, while headline PCE increased 0.3% from July. Consumer spending surged at the fastest pace in over a year, helping the economy withstand persistent inflation. The data, reported by Bloomberg's Michael McKee, may influence the Federal Reserve's upcoming rate decision.
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