The US supercore PCE inflation rate rose to 3.4% year-on-year in August, its highest in six months, signaling persistent inflationary pressures above the Federal Reserve's 2% target.
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[Global Chart]Robust US Supercore PCE Inflation—Up 3.4% Year-on-Year

The US supercore PCE inflation rate rose to 3.4% year-on-year in August, its highest in six months, signaling persistent inflationary pressures above the Federal Reserve's 2% target.

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