PCE Inflation Today: “Goldilocks” or Head Fake? What the 26 Sept 2025 Report Really Means for Your Wallet, the Fed, and Markets
Headline PCE inflation rose 0.3% in August, pushing the annual rate to 2.7%, while core PCE held at 2.9% year-over-year. Consumer spending climbed 0.6% and personal income increased 0.4% for the month. S&P 500 futures gained about 0.3% after the report, with Treasury yields and the dollar slipping. The Fed cut rates by 25 basis points on Sept. 17, setting the target range at 4.00%–4.25%.