The PCE price index report for the month of August came in consistent with forecasts, showing annual inflation at 2.7 percent and core inflation, which excludes food and energy, at 2.9 percent, according to estimates released Friday by the U.S. Bureau of Economic Analysis. Consumer spending came in slightly higher than expected in August, rising 0.6 percent, and personal incomes were up .4 percent last month.
People’s incomes rose 0.4% in August; spending grew 0.6%. Both figures are in current dollars.
— BEA News (@BEA_News) September 26, 2025
https://t.co/eDZgP9dcXM pic.twitter.com/LnYmQz0LXf
Trust in Trump 👍🏻 https://t.co/uFLZISgTN7
— Karoline Leavitt (@PressSec) September 26, 2025
Inflation remains LOW, consumer spending and incomes are UP!
— RNC Research (@RNCResearch) September 26, 2025
The Trump Effect 🔥 pic.twitter.com/dkarDC5KK1
‼️NO PANICANS pic.twitter.com/gmq8o2ocBB
— RNC Research (@RNCResearch) September 26, 2025
✅ Income is UP
— RNC Research (@RNCResearch) September 26, 2025
✅ Consumer spending is UP
President Trump’s economy is HOT 🔥 pic.twitter.com/wo6x6DGPAs
The Federal Reserve's Next Move
— Charles V Payne (@cvpayne) September 26, 2025
This morning's inflation data came in line with the consensus, which is a good thing considering the chorus of people who suggested the number would be hotter than expected.
The Fed seems to be warming to a new inflation target.
Special Guests… pic.twitter.com/rcye2UMD3G
"Inflation remains moderate and controlled due to good Republican policies like energy dominance, deregulation, and tax cuts," said Job Creators Network CEO Alfredo Ortiz. "As a result, the Federal Reserve should continue lowering interest rates this fall to allow small businesses to access the credit they need to expand and hire. According to JCN polling, 69% of small businesses are having difficulty accessing credit in this environment, and 74% want the Fed to lower rates. By allowing small businesses to access the credit they need to start and expand, the Fed enables entrepreneurs to increase economic supply and put further downward pressure on prices while reinvigorating the American labor market and Main Street economy."
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Editor’s Note: Thanks to President Trump’s leadership and bold policies, America’s economy is back on track.
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