Core Inflation Meets Expectations, Posing Questions for Fed's Next Move In January, inflation rates aligned with expectations, spotlighting the Federal Reserve’s key inflation metric as it contemplates interest rate adjustments. The core personal consumption expenditures (PCE) price index, which excludes volatile food and energy costs, rose by 0.4% for the month and 2.8% from the previous year, matching Dow Jones consensus estimates. This follows a modest 0.1% monthly increase in December, with a yearly rise of 2.9%. The overall PCE index, including food and energy, saw a 0.3% monthly increase and a 2.4% rise on a year-over-year basis, as anticipated. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Economy's Fate Tied to Federal Reserve's Decisions READ MORE Incrementum: Monthly Gold Compass February 2024 READ MORE ZeroHedge: Arizona Joins BRICS, Druckenmiller Buys Barrick READ MORE Could the Chinese Yuan Overtake the US Dollar? READ MORE Add a Comment Cancel replyYour email address will not be published.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