The Personal Consumption Expenditures Index, or Core PCE, is one of the Federal Reserve's primary tools in analyzing inflation. August's PCE data showed slowing month-over-month growth for both headline and core inflation, pointing to cooling inflation and leaving many wondering what this means for the upcoming November FOMC meeting and the market. Yahoo Finance Fed reporter Jennifer Schonberger joins the Live show to break down what the report means and why consumers need to pay attention to it. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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