Truflation sees US PCE inflation accelerating in September
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com - A key reading of U.S. inflation closely monitored by the Federal Reserve is expected to accelerate in September due to elevated energy costs and tariffs, according to alternative data provider Truflation. Still guessing which stocks will beat the market? Our AI…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher PCE inflation reduces expectations of Fed rate cuts, weighing on equities and bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Truflation expects the PCE index to rise to 3.6% annualized from 3.4% in August.
- 02Core PCE is tipped to rise to 3.1% from 3.0% previously.
- 03Pressures stem mainly from supply side factors, including energy costs and tariffs.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets