#PCEInflationWatch

🚨 The latest Personal Consumption Expenditures (PCE) 📈 index rose by 0.3% monthly and 2.6% annually, aligning with expectations. This data influences the Fed's decisions on interest rates. Despite a slight uptick, core inflation excluding food and energy remains stable at 2.8% yearly, showing the economy is cooling but not crashing. Investors and policymakers are watching closely as these numbers suggest the Fed might maintain its cautious stance on rate adjustments. Keep an eye on this space for more updates on how inflation might affect your wallet! 🧐💸