U.S. Economic Indicators Show Slight Increase in Core PCE and GDP

According to BlockBeats, the final annualized quarterly rate for the U.S. core Personal Consumption Expenditures (PCE) price index in the second quarter was 2.6%, slightly above the expected 2.5% and the previous value of 2.50%. Additionally, the final annualized quarterly rate for the U.S. real GDP in the second quarter was reported at 3.8%, surpassing the anticipated 3.30% and matching the prior figure of 3.30%.