According to CoinMeta, as reported by Yahoo Finance, Ellen Zentner, the chief economic strategist at Morgan Stanley Wealth Management, stated that the latest monthly core personal consumption expenditure ( PCE ) price index rose 0.2% month-on-month and 3.3% year-on-year, with the data meeting expectations. She pointed out that the modestly stronger-than-expected inflation data and strong economic performance are not sufficient to change the decision-making balance of the Federal Open Market Committee ( FOMC ) at its September meeting.