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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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U.S. Markets Today: Inflation On Script, Spending Firm, Confidence Softer Into Quarter-End
Friday, September 26, 2025 (ET) delivered a familiar soft-landing mix for the U.S. economy. The Fed’s preferred gauge, core PCE, rose 0.2% month over month in August and 2.9% year over year, matching expectations. Headline PCE increased 0.3% on the month and 2.7% on the year. Under the hood, personal income advanced 0.4% while personal […]
·Brazil
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+29 Reposted by 29 other sources
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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Total News Sources58
Leaning Left5Leaning Right13Center25Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
12%
C 58%
R 30%
Factuality
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