Key Fed PCE inflation rate meets expectations at 2.1% for September

31 Oct 2024, 14:29 by Doug Cunningham · UPI

Oct. 31 (UPI) -- The Federal Reserve's key inflation rate, the personal consumption expenditures price index, rose in line with expectations in September, the Commerce Department's Bureau of Economic analysis reported Thursday.

PCE increased a seasonally adjusted 0.2%, according to a Thursday report from the . The annual adjusted PCE inflation rate was 2.1%.