Excluding volatile food and energy prices, the core version of the PCE price index rose by 0.2% last month, compared with 0.1% in November, and by 2.8% over the past 12 months. December was 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 ...

Jan 31 (Reuters) - U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal ...

Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food ...

The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.2% from the prior month during December ...

The PCE index rose 0.3% last month, the government said Friday, to mark the biggest increase since last April. The increase in inflation in the past year was at a seven-month high of 2.6% ...

As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core ...

Later, a reading from the Federal Reserve's preferred inflation gauge, the PCE price index, showed that price pressures were largely in line with economists' expectations last month. Despite a ...

Investing.com - The personal consumption expenditures (PCE) price index accelerated slightly in December, in line with estimates, while the pace of consumer spending unexpectedly rose ...

U.S. PCE inflation accelerates in December By Investing.com - Jan 31, 2025 6 Investing.com - The personal consumption expenditures (PCE) price index accelerated slightly in December, in line with ...

Our main macro thesis for the first half of 2025 is that another disinflationary wave will hit the US. We expect core PCE to annualize at or below 2% in H1 2025. Our Leading Inflation Indicator... The ...

U.S. PCE inflation accelerates in December By Investing.com - Jan 31, 2025 Investing.com - The personal consumption expenditures price index accelerated slightly in December, in line with estimates, ...