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 Tech Stocks Lead Market Plunge Amid Economic Uncertainty READ MORE Ray Dalio Warns of Possible U.S. Civil War Amid Political Fracturing READ MORE LVMH Shines with Record Revenue in Jewelry Sales READ MORE Fed Governor Waller Seeks Extended Inflation Improvement Before Cutting Rates READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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