PCE inflation ticks up in December, more than consensus
A strategist notes that recent U.S. economic data indicates a 'Goldilocks' scenario, suggesting a balanced and favorable economic environment.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (51/100)Sources
Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
Read full article →The Fed’s favorite inflation tool shows it has more work to do to ratchet down price increases
The Federal Reserve’s preferred inflation gauge showed prices rose close to 3% in 2025, leaving the central bank more work to do to get cost-of-living increases back down to pre-pandemic lows.
By Jeffry Bartash
Read full article →