In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to ...
Expectations for CPI and PCE figures are mixed, with potential reacceleration seen ... Perion (NASDAQ:PERI) recently ...
This has shown an accelerating trend since mid 2024. Core CPI, however, was softer at +0.23% MoM, the lowest reading since July. Analysts suspect the core PCE reading should be similar. This should be ...
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 ...
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 ...
What Bloomberg Economics says... “December’s surprisingly soft core CPI print keeps alive the idea that disinflation is still progressing. Together with the month’s PPI data, we think the core PCE ...
What inflation says about future rate cuts The Fed's preferred inflation measure, personal consumption expenditure [PCE] based inflation, tends to follow the same patterns as CPI inflation.
And it is the headline PCE PI, not the CPI, that the Fed references for its inflation target (using core PCE PI as a measure of underlying trend). As such, today's US CPI report (December) will have ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
That measure—known as the personal consumption expenditures (PCE) price index—doesn’t put as much weight on shelter as the CPI does, which is one reason why it’s trending closer to the Fed’s 2 percent ...
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 ...
Inflation rose faster than expected in December, but core inflation was softer than expected as the Federal Reserve weighs a slower pace of interest rate cuts in 2025.