One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...

The CPI and PPI prints imply that PCE Core will come in at a cool .2% when it is reported at month end. Core CPI printed cool at .2% versus .3%, with headline higher than core due to seasonal ...

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.