September PCE Inflation Expected to Rise, Per Consensus Forecast

Economists were projected to see the PCE price index rise 0.5% in September, a 3.7% annual rate, per the Dow Jones consensus. Q3 GDP reportedly beat expectations at 3.4%.

Timeline

1. 29 Oct, 12:30 UTCFirst appeared on Google Trends
2. 29 Oct, 12:30 UTCPicked up on News
3. 29 Oct, 12:30 UTCCNBC reports GDP beat and inflation acceleration
4. 29 Oct, 13:34 UTCReached #1 on TrendHeat

Top sources

• gdpGoogle Trends
• Inflation accelerated last month, highlighting affordability issues before electionAP News
• Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation acceleratesCNBC
• Last snapshot of the US economy before midterms shows stronger growth but higher inflation | CNN BusinessCNN
• GDP, Inflation Data Due As Fed Rate-Hike Odds FallInvestor's Business Daily
• Stock Market Today: Dow, S&P 500 and Nasdaq set to fall after Caterpillar, Alphabet earnings; inflation data meet expectationsMarketWatch
• Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.MarketWatch
• The Fed held off on a rate hike. Today’s GDP and inflation reports could make waiting harder.MarketWatch