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 February Sees First Drop in Consumer Confidence Since November, Signaling Economic Unease READ MORE Gold Prices Ease After Record Surge Amid Middle East Strife READ MORE Turkish Markets Rally as Inflation Shows First Signs of Cooling READ MORE "I Think It's 30 Seconds To Midnight" $10,000 Gold, Crisis & Civil Unrest – Mike Maloney READ MORE US Business Activity Slows, Marking Weakest Growth in Four Months READ MORE Add a Comment Cancel replyYour email address will not be published.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