Published Oct 1, 2026, 6:27 AM ET · Updated a month ago · 1 source
Cooling PCE and solid GDP cut October rate-hike odds to 37%
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Original Report
With PCE inflation below expectations and prior values revised down under a new algorithm, combined with Q2 GDP growth of 2.2%, the data show an improving economy with cooling inflation, cutting October rate-hike probability sharply to 37%.