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US Consumer Spending Beats Estimates With Core Inflation Steady

The Federal Reserve's preferred inflation measure held steady at 2.9% core inflation in August, consistent with July and matching analyst expectations, signaling stable underlying price pressures.

  • The Personal Consumption Expenditures inflation increased by 2.7% in August compared to July's 2.6%, according to the Bureau of Economic Analysis.
  • Core inflation remained steady at 2.9% in August, consistent with July figures, as reported by the Bureau of Economic Analysis.
  • Consumer spending rose by 0.6% in August, surpassing July's 0.5% pace, indicating strong consumer activity despite economic pressures.
  • Real GDP expanded at a 3.8% annual rate in the second quarter, exceeding expectations, according to the Commerce Department.
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Associated Press NewsAssociated Press News
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Fed's favored inflation gauge accelerates slightly in August

The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, up from a 2.6% year-over-year increase in July and most si

·United States
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El Economista broke the news in on Friday, September 26, 2025.
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