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 Fear Index' Doubles Amid Worldwide Stock Market Rout READ MORE Hyperinflation to Hope: Zimbabwe Launches New Gold-Backed ZiG Currency READ MORE Four Factors Fueling Gold's Continued Rally READ MORE Soft Landing Scenario May Limit Scope of Fed's Interest Rate Reductions READ MORE Consumer Sentiment Dips to 8-Month Low Despite Easing Inflation Expectations READ MORE Add a Comment Cancel replyYour email address will not be published.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