{
  "id": 16621076,
  "title": "United States: Sticky inflation meets resilient growth - TD Securities",
  "url": "https://urgent.news/2026/10/26/united-states-sticky-inflation-meets-resilient-growth-td-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T15:59:23.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/united-states-sticky-inflation-meets-resilient-growth-td-securities-202610261559"
  },
  "original_language": "en",
  "account": "TD Securities anticipates that September's Core PCE data will reinforce evidence of persistently high inflation in the United States. The core PCE is expected to increase by 0.32% month-over-month and 3.1% year-over-year, with market-based core PCE at 0.34%. The headline PCE is forecasted to rise by 0.49% month-over-month, primarily driven by energy costs. Real spending is projected to turn slightly negative, while income growth remains modest, reflecting a squeeze on consumers. The service sector is expected to contribute to overall growth, with GDP expanding by 2.5% in Q3, slightly surpassing the previous 2.2% growth rate. The underlying economic activity is expected to remain robust, with core PCE rising to 0.34% year-over-year. The September PCE prices are likely to reflect the strong CPI data, indicating elevated inflation risks.",
  "summary": "TD Securities expects September PCE data to confirm elevated US inflation pressures. Core PCE is forecast at 0.32% m/m and 3.1% y/y, with market‑based core PCE at 0.34%.",
  "key_points": [
    "September Core PCE expected to rise 0.32% month-over-month, 3.1% year-over-year",
    "Market-based core PCE forecasted at 0.34%",
    "Service sector to contribute to GDP growth of 2.5% in Q3"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}