U.S. Economic Data Shows Slight Upside in Core PCE and GDP
According to BlockBeats, the latest U.S. economic indicators came in slightly stronger than expected. The final Q2 Core PCE price index—the Federal Reserve’s preferred inflation gauge—was reported at 2.6%, edging above both the forecast and prior reading of 2.5%.
At the same time, the final annualized Q2 real GDP growth reached 3.8%, comfortably beating expectations of 3.3% and also higher than the previously reported 3.3%.
The data paints a picture of an economy that remains resilient, with growth holding firm even as inflation runs just a touch hotter than anticipated. For the Fed, this combination reinforces the challenge of balancing monetary policy: strong growth supports the case for patience on rate cuts, while slightly elevated inflation may keep policymakers cautious.
Markets will likely read this as a mixed signal—encouraging for economic strength but raising questions about how soon the Fed can begin easing.