Page 8 - Core Pce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Although one reading isn’t considered a trend,it may be suggesting that inflation has plateaued.

Although the Core PCE may have eased slightly, it is still a cause for concern for the Fed at such an elevated level.

The headline print was -1.4% QoQ vs an expectation of +1.1% QoQ and a Q4 2021 reading of +6.9% QoQ!

>> ashley: key inflation gauge hitting a 40-year high, soaring, put president biden refuses to accept blame after declaring his economy is working. >> todd: if he could blame cheryl casone, he would. who know fist he has, he may have. >> cheryl: my brother still plames me for things wrong in her house and i've been out for a long time. good morning. inflation rearing its ugly head. federal reserve says a key number hit a 40-year high. when you strip out food and energy, core pce, what the fed likes to focus on, the number was 5.4%. president biden says the economy is strong. look at prediction...

As the Fed continues to catch up with the rest of the markets in realizing that inflation is indeed high, it now has another data point to refer to, Core PCE.