Odaily Planet Daily News: Although the U.S. core CPI rose by 0.3% month-on-month in August, the Fed's preferred inflation indicator, the "core PCE inflation index," may have risen by less than 0.2% last month. This is the conclusion reached by analysts after studying the CPI and PPI data released this week. If they are correct, the core PCE inflation rate in August may stabilize at 2.9% year-on-year, which may lead the Fed to take a more optimistic view on price pressures at its September meeting. Capital Economics analyst Stephen Brown wrote: "In short, core PCE inflation will remain on track and will not be worse than the Fed's June forecast of rising to slightly above 3% by the end of the year." (Jinshi)