The core personal consumption expenditures (PCE) price index rose 0.2% month over month and 3.3% from a year earlier, with both readings matching expectations. Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, said the mild upside surprise in inflation and relatively strong economic performance were not welcomed by investors or the Federal Reserve. She said the figures were still insufficient to change the balance of opinion ahead of the September Federal Open Market Committee (FOMC) meeting, according to Yahoo Finance.