US August PCE core +1.3% y/y vs +1.4% expected

The Fed's preferred measure of inflation - Prior was +1.4% - Core m/m +0.1% vs +0.2% expected - Prior core m/m +0.1% - PCE deflator +1.4% vs +1.5% expected Soft numbers on the core and the headline. US dollar lower on the kneejerk.
US August PCE core +1.3% y/y vs +1.4% expected