- September PCE inflation: 3.6% year-over-year.
- Core PCE: 3.1% year-over-year, +0.3% month-over-month.
September PCE inflation rose to 3.6% year-over-year, with core PCE at 3.1% and up 0.3% month-over-month. The data confirms CPI, PPI, and PCE are all rising again, reinforcing expectations for a December rate hike. Personal income and spending both missed forecasts.
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