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The Fed Faces a Crucial Inflation Test Wednesday: What the PCE Report Could Mean for Interest Rates

The PCE index is expected to rise 0.3% in August, and Wall Street sees another Fed rate increase this year.

Summary by IBTimes
The August Personal Consumption Expenditures price index will be closely watched after the Fed raised interest rates and signaled that additional tightening could be necessary before the end of the year.

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CNBC broke the news in Englewood Cliffs, United States on Tuesday, September 29, 2026.
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