US August PCE core inflation +0.6% m/m vs +0.5% expected

• PCE core MoM +0.6% vs +0.5% expected
• Prior MoM +0.1%
• Core PCE +4.9% y/y vs +4.7% expected
• Prior was 4.6% y/y
• Headline PCE +6.2% y/y vs +6.3% prior (revised to +6.4%)
• Deflator MoM +0.3% vs -0.1% prior

Consumer spending and income for August:

• Personal income +0.3% vs +0.3% expected. Prior month +0.2%
• Personal spending +0.4% vs +0.2% prior
• Real personal spending +0.1% vs +0.2% expected. Prior month +0.1%

Another hot inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term report is not going to be taken well. That said, the hot August CPI report is what kicked off the latest round of risk aversion Risk Aversion Risk aversion is a term used by investors in financial markets, describing the behavior by traders to avoid exposure to uncertainty or risk. The term contrasts with risk appetite, which reflects a trader's desire to increase their exposure to uncertainty or risk. Risk aversion is a common trait of investors, who seek to hesitate towards investments with an unknown payoff or outcome. These traders will opt for safer forms of investments that are either less volatile, have a more predictable outco Risk aversion is a term used by investors in financial markets, describing the behavior by traders to avoid exposure to uncertainty or risk. The term contrasts with risk appetite, which reflects a trader's desire to increase their exposure to uncertainty or risk. Risk aversion is a common trait of investors, who seek to hesitate towards investments with an unknown payoff or outcome. These traders will opt for safer forms of investments that are either less volatile, have a more predictable outco Read this Term so high prices in August isn't exactly a shock.

US equities gave up modest gains afte the report while the US dollar strengthened slightly.