Business

Fed Reports Lower Core Inflation for August

Updated 2026-09-30 12:40 UTC 1 source Neutral

The Federal Reserve’s preferred gauge of core inflation showed a lower-than-expected increase of 3.0% in August. This is down from the projected annual gain of 3.7%. The report suggests easing pressure on interest rates.

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CNBC
The 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.
2026-09-30 12:36 UTC
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