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2026-09-17 02:09:10
The Federal Reserve's policymakers project that the personal consumption expenditures (PCE) price index will rise by 3.7% year-on-year by the end of 2026, up from a 3.6% increase in June; the core PCE price index is expected to rise by 3.4% year-on-year, an upward revision from the 3.3% forecast in June. This upward revision of inflation expectations reflects the Fed's more cautious assessment of subsequent price declines and may have a potential impact on the pace of adjustments to its monetary policy.
