August PCE inflation hits 2.7%, core rises to 2.9%, hits highest level since February. Fed expected to continue rate cuts despite inflation spike

PCE 0.3% MoM, Exp. 0.3% PCE 2.7% YoY, Exp. 2.7% PCE Core 0.2% MoM, Exp. 0.2% PCE Core 2.9% YoY, Exp. 2.9% But the trend is one – inflation goes UP pic.twitter.com/TmrXCFoc3C — Data Driven Stocks (@stockdatamarket) September 26, 2025 The Fed has to keep cutting rates. The cost of borrowing is far too high …

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US Inflation Headline CPI Rose 0.4% MoM, 2.9% YoY In August (Shelter UP 3.6% YoY)

by confoundedinterest17 According to the Bureau of Labor Statistics (BLS), headline inflation rose 0.4% MoM and 2.9% YoY in August. Shelter (housing) is up 3.6% YoY. Gimme (expensive) shelter! Of course, Federal government spending is the source of inflation. Notice the lag between Covid spending and resulting inflation. Prayers for Charlie Kirk and his family. I hope …

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Asheville, NC passed a $2.9 million reparations policy

How is this real Asheville, NC passed a $2.9 million reparations policy Includes free transportation only for Black pregnant women and funding for housing only for Black people This isn’t legal! @CivilRights https://t.co/sk9opp3Vhc pic.twitter.com/lkgzZKNAPm — Libs of TikTok (@libsoftiktok) September 4, 2025 I live in Asheville. It is true. With Manheimer as mayor and the …

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Over 25% of U.S. renters spend half their income on housing; savings rate dips to 2.9%.

25.6% of U.S. renters are spending more than half their income on housing, per Axios. — unusual_whales (@unusual_whales) September 23, 2024 Personal Savings Rate Continues Decline The American piggy bank is running on empty. In a troubling sign for household financial health, the latest data from July 2024 reveals that the personal savings rate in …

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Inflation falls to 2.9%, lower than expectations.‬ Consumer price growth has slowed to its lowest levels in the post-pandemic period.‬ ‪The first interest rate cuts since 2020 should come in September.‬

by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year before and the 3% before. So we are only 21% higher than 4 years ago. …

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