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Fed’s Kashkari says inflation ‘still too high’ despite lower PCE data than expected

Fed’s Kashkari says inflation ‘still too high’ despite lower PCE data than expected

Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday inflation remains “too high,” after the the Bureau of Economic Analysis (BEA) released data showing that annual inflation remained above the central bank’s 2 percent target in August. “Inflation is still too high,” Kashkari told CNBC’s Steve Liesman at a Council of Foreign Relations event…

Partido Comunista de Españaneutral
Oct 1, 2026 · byThe Hill
Bitcoin Price Gives Up Gains After Short-Lived Pump to $85.5K

Bitcoin Price Gives Up Gains After Short-Lived Pump to $85.5K

Bitcoin pumped above $85,500 on Wednesday morning following the release of lower-than-expected U.S. PCE inflation data for August—but a quick pullback erased most of the gains.   PCE Data Triggers Intraday Volatility Bitcoin’s price briefly spiked to $85,500 on Wednesday before a sell-off nearly erased the gains, leaving the cryptocurrency marginally higher just hours before […]

Sep 30, 2026 · byBitcoin.com News
Good news in US inflation report boosts chances Fed won’t hike rates

Good news in US inflation report boosts chances Fed won’t hike rates

Traders see an about 35% chance of an October rate hike, down from ​about 45% following White House pressure Good economic news boosted Wall Street’s main indexes on Wednesday, as a softer-than-anticipated inflation reading buoyed hopes that the Federal Reserve might not hike rates as soon ⁠as next month. A commerce department report ⁠showed the personal consumption expenditures (PCE) ​price index stood at 3.4% on an annual basis in August against estimates of 3.7%, per economists polled by Reuters. Continue reading...

Federal Reserveneutral
Sep 30, 2026 · byThe Guardian
Fed’s preferred measure of inflation dips to 3.4 percent in August

Fed’s preferred measure of inflation dips to 3.4 percent in August

The Federal Reserve’s preferred measure of inflation dipped in August, as multiple central bank officials have said future interest rate hikes could be on the horizon. The personal consumption expenditures (PCE) price index rose 0.3 percent from July to last month, and was up 3.4 percent year-over-year, according to data released Wednesday by the Bureau…

Federal Reserveneutral
Sep 30, 2026 · byThe Hill
Common dry-cleaning chemical linked to triple the risk of liver scarring

Common dry-cleaning chemical linked to triple the risk of liver scarring

A chemical commonly used in dry cleaning and found in some household products may be an overlooked threat to liver health. Researchers found that people with detectable levels of tetrachloroethylene (PCE) in their blood were three times more likely to have significant liver fibrosis, a dangerous buildup of scar tissue that can eventually lead to liver failure or cancer. The risk climbed sharply as PCE levels increased, even after accounting for factors such as age, sex, race, education, alcohol use, and metabolic conditions.

Sep 7, 2026 · byScienceDaily
S&P 500 Edges Lower Despite Favorable NVIDIA Results and Stable Core PCE

S&P 500 Edges Lower Despite Favorable NVIDIA Results and Stable Core PCE

The S&P 500 edged lower despite favorable results from NVIDIA, which comfortably beat the market’s expectations, while core PCE inflation held steady in July. The cash session had closed nearly flat hours earlier, at 7,675.70 points, ahead of the quarterly report. The S&P 500’s Cautious Path Into Earnings NVIDIA carries the single largest weight of The post S&P 500 Edges Lower Despite Favorable NVIDIA Results and Stable Core PCE appeared first on BeInCrypto .

Aug 26, 2026 · byBeInCrypto