US PCE inflation falls below expected
Statements (7)
- Bullish
US Federal Reserve's Personal Consumption Expenditures (PCE) index fell below market expectations in August.
- Bullish
US core personal consumption expenditure price index (PCE) fell below market expectations in August.
- Bearish
The PCE inflation index in the US fell less than expected in August.
- Bullish
US August inflation rate was lower than expected, reducing the likelihood of the Federal Reserve raising interest rates in October.
- Bearish
US PCE core inflation rate in August was 0.2% year over year, below the expected 3.3%.
- Neutral
August PCE inflation data showed softer inflation than expected, giving markets some breathing room early Wednesday.
- Bullish
US inflation increased less than expected in August