Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 The Federal Reserve’s primary inflation gauge, the core personal consumption expenditures (PCE) price index, maintained a steady pace in the fourth quarter, aligning with expectations and supporting a buoyant stock market. The Commerce Department data revealed that the U.S. GDP growth slowed less than anticipated, with the core PCE price index rising at an annual rate of 2% in Q4. This consistency, marking the second consecutive quarter of 2% annualized inflation, aligns with the Federal Reserve’s target and follows higher increases earlier in the year. The news, indicating manageable inflation levels, bolstered investor optimism and led to a solid rise in the S&P 500, which achieved another record closing high. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Injecting New Life into the World’s Deepest Mine READ MORE What’s next for gold? READ MORE The Latest Inflation Breakdown READ MORE BRICS Expansion and De-Dollarization Efforts Challenge USand EU Economic Dominance READ MORE Mortgage Rates Continue to Climb in February READ MORE Add a Comment Cancel replyYour email address will not be published.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