BREAKING: ๐บ๐ธ US August PCE inflation, the inflation measure preferred by the Fed, fell to 3.4%, coming in below expectations of 3.7%.
๐ Core PCE inflation dropped to 3.0%, below expectations of 3.3%.
๐ July headline and core PCE inflation were also revised downward by 30 basis points each.
๐ Chances of an October rate hike are falling again.
๐ Core PCE inflation dropped to 3.0%, below expectations of 3.3%.
๐ July headline and core PCE inflation were also revised downward by 30 basis points each.
๐ Chances of an October rate hike are falling again.