Thursday's PCE Price Index Release to Shine a Spotlight on Inflation Trends On Thursday, the Commerce Department is set to release the January figures for the personal consumption expenditures (PCE) price index, which is highly regarded by the Federal Reserve as a key measure of inflation. Economists surveyed by Dow Jones anticipate a monthly increase of 0.3% and a year-over-year rise of 2.4%. This upcoming release is drawing significant attention due to its potential implications for Federal Reserve policy decisions. Economist Mark Zandi has expressed concern that if the Federal Reserve maintains its current stringent economic policies, it could significantly risk the ongoing economic expansion. This report, often overlooked in the past, is now in the spotlight as investors and policymakers alike assess its impact on future monetary policy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Rise in Hong Kong Jewelry Market, Exports Up 6% in Early 2024 READ MORE Gold Market Holds Breath: Powell Speech and Payrolls Report in Focus READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE Gold Inches Higher with Eyes on Major U.S. Economic Reports READ MORE African Nations Turn to Precious Metal to Combat Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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