PCE Inflation Hits 4.0% MoM Annualized, Worst Since March. 3-Month PCE Hits 2.9%, Worst Since April
2025-03-01 01:40:00 ET
Summary
- The inflation measure released on Friday (the PCE price index favored by the Fed as a yardstick for its inflation target) jumped by 0.33% in January from December, or by 4.0% annualized.
- The 6-month PCE price index accelerated to +2.6% annualized, the worst increase since June 2024.
- The 3-month PCE price index accelerated to +2.94% annualized, the worst increase since April 2024.
The inflation measure released on Friday – the PCE price index favored by the Fed as a yardstick for its inflation target – jumped by 0.33% in January from December, or by 4.0% annualized, the worst month-to-month increase since March 2024. And this was on top of the upwardly revised December increase....
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PCE Inflation Hits 4.0% MoM Annualized, Worst Since March. 3-Month PCE Hits 2.9%, Worst Since AprilNASDAQ: VGSH
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