AI Data Insight
In Q2 2026, the US Services PCE Price Index rose to 136.893, an increase of approximately 0.97% from 135.578 in the previous quarter, indicating that service consumption remains sticky. Despite this, the US Q2 overall core PCE annualized quarter-over-quarter growth rate has fallen sharply to 3.4%, below the market expectation of 3.5%, providing strong support for the Federal Reserve's potential accommodative monetary policy path.