---
title: "The US PCE price index for the second quarter was significantly revised downward to 0.8% on a MoM basis, marking the lowest increase in over a year."
description: "The Federal Reserve's favorite inflation indicator, the core PCE price index excluding food and energy, remained unchanged at an annualized quarterly growth rate of 3.7%, in line with expectations."
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/98828379.md"
published_at: "2023-09-28T13:58:27.000Z"
---

# The US PCE price index for the second quarter was significantly revised downward to 0.8% on a MoM basis, marking the lowest increase in over a year.

> The Federal Reserve's favorite inflation indicator, the core PCE price index excluding food and energy, remained unchanged at an annualized quarterly growth rate of 3.7%, in line with expectations.

US Q2 PCE Downgraded More Than Expected Due to Weak Service Sector Spending

On Wednesday, September 28th, the latest data from the US Department of Commerce showed that the annualized QoQ growth rate of personal consumption expenditure (PCE) in Q2 was revised down to 0.8%, significantly lower than the previous value of 1.7% and below the expected 1.7%.

The data revealed that PCE, which is a major driving force of the US economy, only reached half of the previous value, mainly due to weak spending in the service sector, marking the lowest growth rate in over a year.

The core PCE price index, which is the Federal Reserve's preferred inflation indicator and excludes food and energy prices, remained unchanged at an annualized QoQ growth rate of 3.7%, in line with expectations.

Following the release of the data, the US dollar index fell more than 15 points in the short term, currently trading at 106.24. The yield on the US 10-year Treasury bond dropped 2 basis points to 4.606%.

(Continuously updated)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 特朗普暗示违法征收的关税不退了，美财长称今年关税收入将 “基本保持不变” | 美国总统特朗普暗示不会退还被最高法院裁定违法的关税，预计 2026 年关税收入将保持不变。特朗普计划签署行政令，对全球商品加征 10% 进口关税，取代被推翻的关税。财长贝森特表示，政府将利用替代法律权力维持关税收入，强调国家安全和财政收入不 | [Link](https://longbridge.com/en/news/276494362.md) |
| 最高法裁决后特朗普动用替补选择：加征 10% 全球关税 | 美国总统特朗普在最高法院裁决后宣布将加征 10% 的全球关税，以补救被推翻的关税措施。根据《1974 年贸易法》第 122 条款，现有的关税将全面生效。最高法院裁定特朗普政府的部分关税措施缺乏法律授权。市场风险提示，投资需谨慎。 | [Link](https://longbridge.com/en/news/276477629.md) |
| 美股盘中速递：Rich Sparkle 跌 10.06%，分析师卖出评级引发投资者信心危机 | Rich Sparkle 跌 10.06%；贝迪公司跌 5.58%，成交额达到 29.67 百万美元；Deluxe 跌 0.60%，成交额达到 4.02 百万美元；Cimpress 跌 1.61%，成交额达到 2.55 百万美元；恩尼斯跌  | [Link](https://longbridge.com/en/news/276478664.md) |
| Anthropic 发布 Claude 安全工具，网络安全股重挫 | Anthropic 推出 AI 代码扫描工具 Claude，引发网络安全股集体重挫。Global X 网络安全 ETF 下跌 4.9%，创 2023 年 11 月以来最低点。SailPoint 暴跌 9.4%，Okta 跌 9.18%，Cl | [Link](https://longbridge.com/en/news/276492030.md) |
| 期权热点｜周四 MARA 大涨 6%，部分看涨期权飙升 100% | 美东时间 02 月 19 日，Marathon Digital 期权总成交 233186 张，看涨期权占比 82%，看跌期权占比 17%。 | [Link](https://longbridge.com/en/news/276409268.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.