August core PCE rises 3.0% YoY, below all analyst forecasts

August core PCE came in at 3.0% YoY vs. 3.3% expected, below the entire Bloomberg survey range of 3.1%–3.5%. Monthly core was 0.247% vs. 0.27% expected. The miss was driven by larger downward revisions to prior months. 122 clean stories shaped this window, with sentiment strongly bullish at 70/100. Also in focus: HPE secures $1.2 billion Vultr order for AMD Helios AI racks, lifts networking outlook.