Economic Data Evidence

July 2026 PCE inflation held at 3.7% headline with core at 3.3% year-over-year, both posting 0.2% monthly gains and core coming in hotter than expected. The Fed's preferred gauge remains stuck well above target even as CPI eased.

Provenance — node opacity = source trust
Evidence Strength
Strong
Evidence Observed At
Aug 26, 2026 · 12:30 PM UTC
Citation
https://www.cnbc.com/2026/08/26/feds-preferred-inflation-gauge-shows-core-prices-rose-3point3percent-annually-in-july.html
Citation Source
cnbc
Indicator
Core PCE YoY
Indicator Value
3.3
Indicator Period
July 2026