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0_public:indices:pce [2024/12/09 21:44] – ↷ Page moved from indices:pce to 0_public:indices:pce pointnm0_public:indices:pce [2024/12/23 22:47] (current) – pointnm
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    * price index    * price index
    * the <wrap hi>Fed's preferred measure of inflation and a key factor in rate decisions</wrap>    * the <wrap hi>Fed's preferred measure of inflation and a key factor in rate decisions</wrap>
 +
 +==== Core PCE ====
 +
 +The <wrap hi>core personal consumption expenditure index</wrap>, which <wrap hi>excludes volatile food and energy prices</wrap>, rose 2.8% in November, below the expectation of 2.9%.((https://archive.ph/XXzDS#selection-8083.0-8086.0))
  
 That trend continued this morning, when the Fed’s preferred inflation measure, core PCE, was shown to have increased an “as expected” 0.2% last month. That was pretty good, but on an annual basis, the index increased by 2.8%, more than expected and well above the central bank’s 2% target.((https://archive.ph/jJAHL#selection-2379.152-2379.442)) That trend continued this morning, when the Fed’s preferred inflation measure, core PCE, was shown to have increased an “as expected” 0.2% last month. That was pretty good, but on an annual basis, the index increased by 2.8%, more than expected and well above the central bank’s 2% target.((https://archive.ph/jJAHL#selection-2379.152-2379.442))
0_public/indices/pce.1733780652.txt.gz · Last modified: 2024/12/09 21:44 by pointnm