Inflation Sped Up in Dec., Based on Fed's Favored Gauge

Key Fed Indicator Shows Inflation Rose in December
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
PCE Report Today: Inflation Sped Up in December, Based on Fed's Favored Gauge
The Federal Reserve's preferred inflation measure showed price rises accelerated slightly in December, moving further away from the central bank's 2% target. The personal-consumption expenditures, or PCE,
December PCE inflation expected to tick up, but that's no cause for alarm
The personal income and outlays report, which the Commerce Department will release on Friday morning, will provide detail on where inflation is heading, a key to the Federal Reserve's interest rate policy.
Inflation gauge favored by Fed showed price growth picked up in December
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target.
Inflation Rises In Key Report Tracked By Federal Reserve
The personal consumption expenditures (PCE) price index rose 2.6 percent in the 12 months to December, up from 2.4 percent in November
Fed's favored inflation gauge accelerates further in December
The US Federal Reserve's preferred inflation measure accelerated for a third month in a row in December, according to government data published Friday, while underlying inflation was unchanged.
PCE: U.S. consumer prices rose 2.6% in December
The Bureau of Economic Analysis said Friday that personal consumption expenditures rose 2.6% in December, in line with ...
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Inflation Rises Again: May Be 'End Of The Road' For Interest Rate Cuts, Expert Says
Fed Governor Michelle Bowman delivered remarks after the print on Friday and said she thinks the Fed should wait for more evidence of easing inflation before making additional rate cuts.