US PCE inflation data remains unchanged, with price increases stable at 2.9%

According to Jintou Data, the core PCE price index in the United States for August remained stable on a month-on-month basis, continuing to anchor at 2.9%. This result fully aligns with Wall Street market expectations and reflects that US inflationary pressures are relatively manageable.

The core PCE price index is an important indicator of changes in American consumer spending trends and a key reference data point for the Federal Reserve in setting monetary policy. The steady performance of August data indicates that US price increases have not shown signs of acceleration or deceleration, and overall inflation remains balanced.

The stable performance of this key economic indicator in the US for the month suggests that market forecasts were quite accurate. The continued stability of the PCE annual rate is generally seen as a positive signal for inflation management, providing guidance for the Federal Reserve’s policy adjustments. From a trend perspective, the US price environment remains within a moderate and controllable range.