US PCE Inflation Rises to 3.6% as Real Consumer Spending Stalls

US headline PCE inflation accelerated from 3.4% to 3.6% y/y in September, matching market expectations, while monthly inflation increased from 0.3% to 0.5%. Core PCE inflation also edged higher from 3.0% to 3.1% y/y, in line with consensus, although the monthly rate held steady at 0.3%. The figures indicate that headline price pressures intensified while […]

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