BenzingaSeptember 30, 2026 at 5:03 AM NY27 Days Ago
Fed's Favorite Inflation Gauge Holds at 3.4%, Cooling Rate-Hike Bets (UPDATED)
PCE inflation held at 3.4% in August, below the 3.7% expected, as core prices slowed to 3.0%, still a full point above the Fed's 2% target.
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