Core Inflation Meets Expectations, Posing Questions for Fed's Next Move In January, inflation rates aligned with expectations, spotlighting the Federal Reserve’s key inflation metric as it contemplates interest rate adjustments. The core personal consumption expenditures (PCE) price index, which excludes volatile food and energy costs, rose by 0.4% for the month and 2.8% from the previous year, matching Dow Jones consensus estimates. This follows a modest 0.1% monthly increase in December, with a yearly rise of 2.9%. The overall PCE index, including food and energy, saw a 0.3% monthly increase and a 2.4% rise on a year-over-year basis, as anticipated. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts IMF Cautions Against Premature Rate Cuts by Central Banks READ MORE Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE Fed’s Inflation Target Faces Heat from LiberalsSeeking Economic Reform READ MORE Economists Question the Recession-Predicting Power of theInverted Yield Curve READ MORE A Comprehensive Guide to Gold Coins: Investing in Canadian and International Options READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
