According to the official report, the index of personal consumption expenditures (PCE) in the United States rose weaker than expected in August, which confirmed the downward trend in inflation. On a monthly basis, the PCE index increased by 0.1%, while analysts had forecast an increase of 0.2%. On an annualized basis, the index was 2.2%, which also turned out to be lower than forecasts (2.3%) and the previous value (2.5%).The core PCE index, which excludes volatile components such as food a... Read More