Reported 10 days ago
The August Personal Consumption Expenditures (PCE) data, the Federal Reserve's key inflation measure, aligned with economists' forecasts, showing a 0.1% month-over-month rise and a 2.2% year-over-year increase. Core PCE, excluding food and energy, rose by 2.7% compared to last year. Yahoo Finance reporter Jennifer Schonberger discusses the implications of this data for future Fed policy.
Source: YAHOO