{"id":118245,"date":"2025-08-29T17:21:40","date_gmt":"2025-08-29T13:21:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118245"},"modified":"2025-08-29T18:09:57","modified_gmt":"2025-08-29T14:09:57","slug":"u-s-pce-inflation-holds-steady-in-july-core-gauge-edges-higher","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-pce-inflation-holds-steady-in-july-core-gauge-edges-higher\/08\/29\/market-updates\/","title":{"rendered":"U.S. PCE Inflation Holds Steady in July, Core Gauge Edges Higher"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>The <strong>U.S. Bureau of Economic Analysis (BEA)<\/strong> reported Friday that <strong>annual inflation<\/strong>, measured by the <strong>Personal Consumption Expenditures (PCE) Price Index<\/strong>, remained at <strong>2.6% in July<\/strong>, in line with market expectations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Core PCE Inflation<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Core PCE<\/strong>, which strips out volatile food and energy prices, <strong>rose to 2.9%<\/strong>, slightly higher than June\u2019s <strong>2.8%<\/strong>.<\/li>\n\n\n\n<li>On a <strong>monthly basis<\/strong>, PCE rose <strong>0.2%<\/strong>, while core PCE increased <strong>0.3%<\/strong>, both in line with forecasts.<\/li>\n\n\n\n<li>This marks the <strong>highest annual core reading in five months<\/strong>, reinforcing concerns about sticky inflation.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Personal Income &amp; Spending<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Personal income<\/strong> grew <strong>0.4%<\/strong> in July, suggesting continued household earnings resilience.<\/li>\n\n\n\n<li><strong>Personal spending<\/strong> climbed <strong>0.5%<\/strong>, showing robust consumer activity despite inflationary pressures.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market Implications<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>These figures may <strong>complicate the Federal Reserve\u2019s September policy decision<\/strong>. While inflation is cooling compared to last year, the <strong>core reading remains above the Fed\u2019s 2% target<\/strong>, raising the possibility the central bank could proceed cautiously on rate cuts.<\/li>\n\n\n\n<li>Combined with Powell\u2019s recent comments acknowledging <strong>labor market cooling<\/strong>, markets will be watching closely whether the Fed balances growth risks against persistent price pressures.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Bureau of Economic Analysis (BEA) reported Friday that annual inflation, measured by the Personal Consumption Expenditures (PCE) Price Index, remained at 2.6% in July, in line with market expectations. Core PCE Inflation Core PCE, which strips out volatile food and energy prices, rose to 2.9%, slightly higher than June\u2019s 2.8%. On a monthly &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31526,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-118245","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118245"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118245\/revisions"}],"predecessor-version":[{"id":118247,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118245\/revisions\/118247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31526"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}