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 ...
Barron's11mon
Why the Stock Market Turned Around on Core PCE Data
That matched economists' expectations. The core PCE rose 2.8% on an annual basis. The Dow Jones Industrial Average was up 50 points, or 0.1%. The S&P 500 rose 0.4%. The Nasdaq Composite was up 0.8%.
FXEmpire.com5d
Core PCE Holds at 2.8%—Will Sticky Inflation Delay Fed Rate Cuts?
PCE price index increased 0.3% monthly and 2.6% annually, keeping inflation above the Federal Reserve’s 2% target. Core PCE inflation ... specializing in chart patterns and price movement.
Seeking Alpha5d
Fed's preferred inflation gauge rises as expected, personal spending surges in December
The Core PCE Price Index, the Federal Reserve's preferred measure of inflation, increased 0.2% M/M in December, in line with the consensus estimate and ticking up from +0.1% in November ...