The core PCE data for the U.S. in August will be released tonight at 20:30, and analysts expect the PCE data to be relatively mild.

On September 26, the U.S. August core PCE data will be released tonight at 20:30, with the August core PCE price index year-on-year previous value of 2.9%, and an expectation of 2.9%. The month-on-month previous value is 0.3%, with an expectation of 0.2%. Josh Hirt, a senior economist at Vanguard, stated that inflation is moving in the right direction, but the level remains relatively high. He expects the U.S. August core PCE month-on-month increase to be 0.20%, lower than July's 0.27%. This "relatively mild" number is partly due to a reduced contribution from rising commodity prices. The market may see a relatively mild inflation report, but this should not be interpreted as a sign that tariff pressures are easing, or that the inflation issue can be sidelined overall. In the long run, tariffs will exert upward pressure on inflation. Although tonight's PCE data may depict a picture of slowing commodity inflation, one month's data does not represent the trend. Throughout the year, the rise in commodity prices has been very evident. (Jin10 )