Published on: 2025-11-26
PCE price index October
26/11/2025 (Wed)
Previous: 2.9% Forecast: 2.9%
Core inflation was little changed in August at 2.9%, likely keeping the central bank on pace for interest rate reductions ahead. Spending and income numbers were slightly higher than expected.
The report further indicates that higher tariffs have had only a limited pass-through effect on consumer prices due to a mixture of pre-tariff inventory accumulations and cost-absorbing measures.
Trump has yet to follow through on his threat to impose an additional 10% tariff on Canadian imports, four weeks after he halted "all trade negotiations" over an anti-tariff advertisement.

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