-
US PCE Inflation Preview: Monthly acceleration could reinforce bets of Federal Reserve rate cuts beyond May
The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Thursday by the US Bureau of Economic Analysis (BEA) at 13:30 GMT. What to expect in the Federal Reserve’s preferred PCE inflation report? The Core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.4% on a monthly basis in January, at a stronger pace than the 0.2% increase recorded in December. January Core PCE is also projected to grow at an ... (full story)