Markets Mull July PCE; Analysts Say Data Keeps September Fed Decision in Play
The U.S. July personal consumption expenditures (PCE) inflation readings broadly met forecasts, with the core PCE index rising 0.2% month-over-month and 3.3% year-over-year while headline PCE increased 0.2% M/M and 3.7% Y/Y. The numbers, released by the Bureau of Economic Analysis, left investors parsing whether the Federal Reserve will hold rates …