The Federal Reserve's preferred measure of inflation likely decelerated in January, providing some reassurance that cost-of-living increases are slowing to pre-pandemic levels.
Excluding food and energy, core PCE also rose 0.3% for the month and was at 2.6% annually. Fed officials more closely follow ...
The annual rate of core PCE inflation is expected to drop from 2.8% in December to 2.6% in January. The Fed is expected to hold interest rates steady at its next meeting in March and through much ...
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
The 6-month PCE price index accelerated to +2.6% annualized, the worst increase since June 2024. The core PCE price index, which excludes food and energy items, accelerated to +0.28% in January ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results