K-SignalAI-generated
US September PCE Inflation Hits 3.6%, Slightly Below Forecasts
US September personal consumption expenditures (PCE) price index rose 3.6% year-on-year, slightly below the 3.7% expert forecast compiled by Dow Jones, according to the Commerce Department on October 29. The third-quarter GDP growth came in at an annualized 3.4%, beating the 3.1% market expectation and up from 2.2% in the second quarter, as reported by Chosun Ilbo. Yonhap and Maeil Business reported the same PCE figure, noting it was a slight miss versus expectations. Korean media coverage focused on the data's implications for the Federal Reserve's upcoming rate decision, with stocks holding steady ahead of the announcement, as noted by Korea Times.


















