MNI BRIEF: US Dec Core PCE Inflation In Line With Expectations

Jan-31 13:58By: Jean Yung
Federal Reserve

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U.S. core PCE inflation in December came in at 0.156%, on the softer side of expectations for 0.2%, and was 2.8% on the year, unchanged from November. Headline PCE inflation was 0.256% for the month and 2.6% for the 12-month rate, in line with expect...