Wall Street Journal reporter Nick Timiraos: From now on, the month-on-month base for the remaining months of this year will become more challenging. From August to November 2025, the core PCE month-on-month increase will be between 0.18% and 0.23%. Since November 2025, there has only been one month with a core PCE month-on-month increase below 0.23%, namely June 2026.