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August PCE +3

08:46 26-Sep-25


August PCE headline and core numbers are in line with expectations at +0.3% and +0.2%, respectively.  Spending and income both exceeded expectations by a tenth at +0.6% and +0.4%, respectively.  As anticpated by the main service, the steady results are getting a rise out of American equity futures, even though they are not consistent with 2% inflation.