Editor’s note: This story has been updated with additional details.
The Federal Reserve’s key inflation measure came in in-line with expectations on Friday, with headline PCE inflation marking its first slowdown in four months.
The Details: The Personal Consumption Expenditures price index grew by 2.5% in January 2025 on a year-over-year basis, decelerating from 2.6% in December, according to government data. The figure was in line with economists’ forecasts.
Core PCE, excluding food and energy, increased 2.6% from the same period last year.
Read Next: Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate
On a monthly basis, the PCE index advanced …
Full story available on Benzinga.com
Editor’s note: This story has been updated with additional details.
The Federal Reserve’s key inflation measure came in in-line with expectations on Friday, with headline PCE inflation marking its first slowdown in four months.
The Details: The Personal Consumption Expenditures price index grew by 2.5% in January 2025 on a year-over-year basis, decelerating from 2.6% in December, according to government data. The figure was in line with economists’ forecasts.
Core PCE, excluding food and energy, increased 2.6% from the same period last year.
Read Next: Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate
On a monthly basis, the PCE index advanced …
Full story available on Benzinga.com
Editor’s note: This story has been updated with additional details.
The Federal Reserve’s key inflation measure came in in-line with expectations on Friday, with headline PCE inflation marking its first slowdown in four months.
The Details: The Personal Consumption Expenditures price index grew by 2.5% in January 2025 on a year-over-year basis, decelerating from 2.6% in December, according to government data. The figure was in line with economists’ forecasts.
Core PCE, excluding food and energy, increased 2.6% from the same period last year.
Read Next: Q4 GDP Holds At 2.3% After Minor Revision In Second Estimate
On a monthly basis, the PCE index advanced …Full story available on Benzinga.com Read MoreEquities, Federal Reserve, GLD, Inflation, News, PCE, SPY, Stories That Matter, Bonds, Broad U.S. Equity ETFs, Futures, Econ #s, Top Stories, Economics, Federal Reserve, Markets, ETFs, GLD, US78463V1070, SPY, US78462F1030, News, Equities, Broad U.S. Equity ETFs, Bonds, Futures, Econ #s, Top Stories, Economics, Federal Reserve, Markets, ETFs, Benzinga Markets
