POPA ReconU.S. CORE PCE REVISIONS REVEAL SHARPER DISINFLATION
U.S. CORE PCE REVISIONS REVEAL SHARPER DISINFLATION DOWNWARD REVISIONS CONCENTRATED IN 2026 HAVE PUSHED ANNUAL CORE PCE TO 3.0%, WITH JULY REVISED FROM 3.34% TO 2.98%. MORE IMPORTANTLY, UNDERLYING INFLATION MOMENTUM HAS WEAKENED SIGNIFICANTLY: 3-MONTH ANNUALIZED: 2.05% 6-MONTH ANNUALIZED: 2.74% THE REVISIONS SUGGEST U.S. INFLATION WAS COOLING FASTER THAN PREVIOUSLY REPORTED, BEYOND AUGUST’S SOFTER READING ALONE. ...
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