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 Geopolitical Strains Fail to Boost Oil Prices as Markets React Cautiously READ MORE Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE 25 Million Borrowers to Receive Student Loan Forgiveness Updates READ MORE MAS Singapore Gold Vault READ MORE Add a Comment Cancel replyYour email address will not be published.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