December PCE: Core Inflation Dropped More Than Expected December’s core personal consumption expenditures (PCE) price index, the Federal Reserve’s favored measure of inflation, indicated a significant easing of price pressures. The index, which excludes the often fluctuating costs of food and energy, showed a slower year-over-year increase of 2.9% in December, as reported by the Bureau of Economic Analysis. This slowdown in core inflation, a key indicator of the economy’s health, surpassed expectations and signals a notable shift in the inflationary trend as the year concluded. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Central Banks Warned to Stand Firm Against Inflation READ MORE U.S. Banks Face Dual Challenges: Weakening Loan Quality and Declining Interest Payments READ MORE Gold and Bitcoin Surge: Signals Time for a New Gold Standard? READ MORE Gold Hits Highest Settlement in Over a Week READ MORE Financial Insecurity Looms for Gen X as Retirement Approaches READ MORE Add a Comment Cancel replyYour email address will not be published.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