PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with expectations. Core PCE, omitting food and energy, was 2.8%.
Hosted on MSN14d
Fed’s Preferred Gauge Of Inflation Aligns With Expectations In December: Question Is When Will It Reach Central Bank’s Target
The December personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, continued to trend above the central bank’s targeted levels. According to data by ...
Breaking: US core PCE inflation holds steady at 2.8% in December as expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.6% on a yearly basis in December from 2.4% in November, the US Bureau of ...
Core PCE Holds at 2.8%—Will Sticky Inflation Delay Fed Rate Cuts?
Core PCE inflation held at 2.8% in December, keeping it above the Fed’s 2% target. Will sticky prices delay the central ...
thefinance13d
PCE Inflation: What’s the Market Expecting Ahead of Key Data Release?
TradingKey - Inflation has been grabbing the headlines given markets are watching the every move of the US Federal Reserve ...
Inflation Festers In Core Services, PCE Price Index Accelerates For 3rd Month: Justifies Fed's Pivot To Wait-And-See
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since ...
Investors breathe a sigh of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
Treasury yields edge up after PCE inflation report
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
UPI14d
PCE: U.S. consumer prices rose 2.6% in December
the Bureau of Economic Analysis said Friday. The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly ...