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 Gold Clings to Stability Amid High Interest Rate Fears READ MORE Fed's Bowman Urges Caution: Inflation Risks Persist, Rate Cuts Premature READ MORE Oil Prices Steady Near Two-Month High on Significant U.S. Crude Drawdown READ MORE ‘Just a Matter of Time’ Before Gold Gets to $3,000 Says Bloomberg Strategist READ MORE Affluent Americans Turn to High-End Bunkers as Political Fears Escalate READ MORE Add a Comment Cancel replyYour email address will not be published.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