Breaking: US annual Core PCE inflation rises to 4.9% in December versus 4.8% expected By FXstreetNews Breaking Inflation UnitedStates Macroeconomics
reported on Friday. That was slightly above the consensus forecast for an inflation rate of 4.8% and marked a slight acceleration from November's Core PCE inflation rate of 4.7%. The MoM rate of Core PCE inflation was 0.5% in December, in line with expectations and unchanged from November's inflation rate. Core PCE is the Fed's favoured measure of underlying inflation.
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