The Federal Reserve's inflation target is 2.0%. That target is tied to the PCE Price Index, which has different component weightings than the CPI does and captures the substitution effect that the CPI ...

Notably, inflation in housing costs—a major CPI component—showed signs of easing. PCE, which weights housing costs less heavily than CPI, could provide a clearer signal on the broader ...

Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...

US Core CPI printed cool at .2% versus .3%. The CPI and PPI prints imply that PCE Core with come in at a cool .2% when it is ...

Headline CPI was firm in December at +0.4% MoM, boosted by strong food and energy prices. This has shown an accelerating ...

The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.

The Federal Reserve's inflation target is 2.0%. That target is tied to the PCE Price Index, which has different component weightings than the CPI does and captures the substitution effect that the CPI ...

That measure — known as the personal consumption expenditures price index — doesn’t put as much weight ... the CPI report, several economists called for the December core PCE — due at ...

Thus, core CPI is settling at around 3.5% level - and this is well above the Fed's target of 2% core PCE inflation ... rent of residences OER, which weights 27.1% in the overall price index.

However, rounded down, the team at CapEcon is expecting core PCE to come in at 0.1%. Still, the year-over-year rate is expected to hit 2.8%. "The 0.23% m/m increase in core CPI in December appears ...