PCE Inflation Continued To Moderate In September As Growth Of General Economy Remained Robust 3Q-24

Inflation as tracked by the Bureau of Economic Analysis for the Personal Consumption Expenditure Price Index continued to moderate in September, rising only 0.2% month-over-month and falling to 2.1% on a 12-month basis from 2.3% in August. The PCE Price Index excluding food and energy, rose 0.3% in September—up from 0.2% in August—and held at…