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 What Does the Red Sea Disruption Mean for Europe's Economy? READ MORE Stocks wobble after Powell warns that rate cuts will likely come later than expected READ MORE Central Banks Warned to Stand Firm Against Inflation READ MORE Warning Signs: Recent Bank Failures and the Fragile Global Financial System READ MORE Add a Comment Cancel replyYour email address will not be published.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