“today's in-line PCE report offered little in the way of surprise. But the lack of a shock does not mean the lack of a problem: Both headline and core PCE rose to their highest levels since May, underscoring that inflation remains a stubborn issue.”

Bret Kenwell · said 2026-10-29 · reported 2026-10-29

Bret Kenwell commented on the September PCE report, which showed both headline and core PCE rising to their highest levels since May.