PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 31 2025
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Source: investopedia.com
Inflation Trends: The Federal Reserve's preferred inflation measure rose to 2.6% in December, indicating persistent inflation pressures that complicate the central bank's goal of achieving a 2% annual rate.
Impact on Monetary Policy: The Fed maintained steady interest rates due to ongoing inflation concerns, with economists suggesting no immediate changes are expected in the near future as they adopt a cautious approach.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
