PCE Inflation Rises 2.5% In January As Expected
Source: SeekingAlpha
2025-03-01 00:30:00 ET
Summary
- The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025.
- The Fed’s preferred inflation gauge, the PCE price index, rose 2.5% year-over-year in January and 0.3% from December, as expected.
- Inflation has eased off of its 2022 highs; however, the back half of 2024 has shown just how sticky it can be.
By Jennifer Nash ...
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PCE Inflation Rises 2.5% In January As Expected
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