Under the surface, the Federal Reserve's favorite inflation measure shows signs of progress. The core version of the personal consumption expenditures price index, which excludes volatile food and ...

The measure of price increases targeted by the Federal Reserve sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target.

"The report showed slightly higher inflation, but it was in line with expectations, meaning it won’t disrupt the narrative of a potential Fed rate cut in the first half of the year. However, the ...

The "core" Personal Consumption Expenditures (PCE) index ... to be waiting for more inflation data and a clearer picture of Trump's potential tariff plans. "In the current situation there ...

pushing the bank further from its inflation goal and reducing the chance of another reduction in borrowing costs soon. The PCE index rose 0.3% last month, the government said Friday, to mark the ...

The Fed’s preferred gauge for inflation is the Personal Consumption Expenditures (PCE) report, which came out this morning for the month of December. Results were as in-line with expectations as ...

The core PCE price index, which excludes the more volatile components of gas and food, hit expectations on the nose: It rose 0.2% from November and the annual rate of underlying inflation held pat ...

Personal Consumption Expenditures (PCE) report is out and investors are pouring over the data from the Federal Reserve’s preferred ...

FEDERAL RESERVE HOLDS INTEREST RATES STEADY AMID INFLATION UNCERTAINTY Headline PCE showed prices for goods were flat in December, while prices for services rose by 3.8% from a year ago.

The Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation measure, rises 2.6% in December 2024. Data marks the third consecutive increase in annual PCE ...

December was the third straight month that core PCE inflation stalled at 2.8%. After peaking above 5.6% in 2022, core PCE inflation fell to 2.6% last June but then reaccelerated. The Fed wants to ...