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 The Looming Disaster in Commercial Real Estate Explained READ MORE Oil prices rise amid reports Iranian consulate hit by missile strike in Damascus READ MORE Barkin Admits January's Sticky Inflation Rates Complicate Fed's Path Forward READ MORE Fed's Emergency Loan Program Sees Crucial Rate Hike READ MORE The economy might be booming, but housing is in a recession: Top real estate CEO says he’s never seen anything like it in 20 years READ MORE Add a Comment Cancel replyYour email address will not be published.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
