Breaking: US annual Core PCE inflation declines to 4.4% in December as expected – by FXstreetNews Breaking Inflation UnitedStates EconomicIndicator
The annual Core PCE Price Index, the Federal Reserve's preferred gauge of inflation, declined to 4.4% from 4.7% in the same period, matching the market expectation. On a monthly basis, Core PCE inflation and PCE inflation rose 0.3% and 0.1%, respectively.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US Core PCE Preview: Forecasts from seven major banks, decline continuesThe Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (Core PCE), will be published on Friday, January 27 at 13:30 GMT and as
Read more »
US inflation expectations renew multi-day top ahead of US Core PCE Price IndexAs markets await the Federal Reserve’s (Fed) preferred inflation gauge, the US inflation expectations per the 10-year and 5-year breakeven inflation r
Read more »
When is the US December PCE Price Index and how could it affect EUR/USD?Friday's US economic docket highlights the release of the Core Personal Consumption Expenditure (PCE) Price Index, scheduled later during the early No
Read more »
Gold Price Forecast: XAU/USD slips toward $1930s on solid US GDP, traders eye PCEGold price retreats after hitting a nine-month high of $1949.16 and dips beneath the $1940 mark, following the release of the Gross Domestic Product (
Read more »
GBP/USD stabilizes above 1.2400 as USD index extends correction, US PCE in focusThe GBP/USD pair has shifted its auction profile above 1.2400 in the early Asian session after a recovery move from below 1.2350 on Thursday. The Cabl
Read more »
USD/CHF finds barricades around 0.9200 as focus shifts to US PCE Price IndexThe USD/CHF pair is sensing hurdles in scaling above the immediate resistance of 0.9200 in the early Asian session. The Swiss Franc asset is attemptin
Read more »