September's trimmed mean PCE just dropped to +1.9% annualized—a sharp cooldown from August's +3.2%. That's a pretty significant deceleration in one month. This measure strips out the most volatile price swings, so when it moves this much, it's worth paying attention to. Could signal easing inflation pressures, which markets tend to like. Fed watchers are probably circling this one.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
September's trimmed mean PCE just dropped to +1.9% annualized—a sharp cooldown from August's +3.2%. That's a pretty significant deceleration in one month. This measure strips out the most volatile price swings, so when it moves this much, it's worth paying attention to. Could signal easing inflation pressures, which markets tend to like. Fed watchers are probably circling this one.