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US Core PCE Still Hot; Is 50 bps in the Cards?

Started by PocketOption, Feb 27, 2022, 06:21 am

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PocketOption

US Core PCE Still Hot; Is 50 bps in the Cards?

The US released a host of data of Friday morning, the most important of which was the January reading of the core personal consumption expenditure price index (Core PCE).  The headline PCE Price Index was 6.1% YoY vs 5.9% YoY expected and 5.8% YoY in December. However, it is the Core PCE that the Fed […]


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