Core PCE will stay below 3.2 percent in October

Core PCE will not register 3.2% year over year for October 2026 when the Bureau of Economic Analysis releases Personal Income and Outlays on November 25, 2026. If so, the BEA will report a value different from 3.2% against a backdrop where core PCE was 3.1% in September and 3.0% in both July and Au…