US PCE inflation rises to 2.6% in Dec, core PCE unchanged at 2.8%

In December in the US, headline PCE price index rose 0.3% mom while core PCE price index rose 0.2% mom, both matched expectations. In the 12-month period, PCE price index accelerated from 2.4% yoy to 2.6% yoy. core PCE price index (Excluding food and energy) was unchanged at 2.8% yoy. Both matched expectations. Personal income […]

The post US PCE inflation rises to 2.6% in Dec, core PCE unchanged at 2.8% appeared first on Action Forex.