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 Gold Hovers Near $2,500 as Inflation Figures Set to Guide Fed Decision READ MORE Fed's Latest Decision: Status Quo on Rates, but Change is in the Air READ MORE July Sees Record Central Bank Gold Acquisition Since January READ MORE Gold Soars to Record Heights: What's Driving the Precious Metal's Rally? READ MORE Central Banks Tread Cautiously in Final Stretch of Inflation Battle READ MORE Add a Comment Cancel replyYour email address will not be published.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