Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected

CNBCSeptember 30, 2026 at 12:48 PM

The personal consumption expenditures price index was projected to show an annual gain of 3. 7% on headline and 3. 3% for core, according to the Dow Jones consensus.

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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U.S. inflation rises again and keeps the pressure on Fed

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