US Core PCE Inflation Falls to Three-Month Low in September

The US PCE price index rose 0.3% month-on-month in September, increasing the annual rate to 2.8% from 2.7%. Core PCE, which excludes food and energy, fell to 2.8% from 2.9%. The release, delayed by prior shutdown-related disruptions, means the Federal Reserve will review outdated inflation data at its upcoming meeting. The figures provide mixed signals—overall inflation slightly accelerated while core inflation eased—complicating policy assessments.

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