U.S. PCE inflation rises to 3.6% year over year

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Facts. On October 29, the Bureau of Economic Analysis reported that the PCE price index rose 3.6% year over year in September and 0.5% from the previous month. Core PCE, excluding food and energy, increased 3.1% year over year.

Why it matters. PCE inflation is a measure the Federal Reserve uses to track prices and guide monetary policy.

Rockstar Briefing analysis. Persistent price pressures matter for interest rates and purchasing power. One report alone does not determine the Fed’s next decision.

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