US Core PCE Rises at Slowest Monthly Pace Since Late 2020

The video discusses recent economic data, highlighting a slight rise in monthly numbers and core figures. It covers GDP revisions and their impact on PCE numbers, noting a decrease in the core deflator. The Federal Reserve's progress is mentioned, with a focus on trade balance and inventory changes that could influence GDP growth.

What was the year-over-year increase in economic indicators for August?

• 3.5%

• 4.0%

• 2.5%

• 3.0%

How much did the core increase in August?

• 0.5%

• 0.3%

• 0.2%

• 0.1%

What was the revised year-over-year increase for the core deflator?

• 4.0%

• 3.9%

• 4.3%

• 3.5%

What was the trade balance figure mentioned in the final section?

• $90.9 billion

• $84.3 billion

• $80.0 billion

• $85.0 billion

How did retail inventories change according to the final section?

• Remained the same

• Increased by 1.1%

• Decreased by 0.5%

• Decreased by 1.0%