U.S. CONSUMER SPENDING SURGES AS CORE INFLATION COOLS Inflation-adjusted U.S. consumer spending jumped 0.6% in August, its strongest monthly increase since March 2025. Meanwhile, the Fed’s preferred inflation gauge rose 0.3% MoM, with core PCE increasing just 0.2%. Resilient consumer demand alongside softer underlying inflation complicates the Fed’s decision on another rate hike in October.(彭博社)