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Tag: PCE

Marriner S. Eccles Federal Reserve Building in Washington DC
Posted inEconomy

August Core PCE Undershoots at 3.0%, Cooling Second Fed Hike Bets

by newanalytica2 October 2026

The Fed’s preferred inflation gauge rose 3.0% on a core basis in August, below the 3.3% forecast, easing pressure for a second consecutive rate hike at the October FOMC meeting.

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