All three major inflation indicators—Core Consumer Price Index (CPI), Personal Consumption Expenditures (PCE), and Producer Price Index (PPI)—are rising together for the first time since ...
The CPI and PPI prints imply that PCE Core will come in at a cool .2% when it is reported at month end. Core CPI printed cool at .2% versus .3%, with headline higher than core due to seasonal ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
However, the PPI’s gauge of airfares picked up notably. After the CPI report, several economists called for the December core PCE — due at the end of this month — to rise 0.2%.
Total CPI increased 0.4% month-over-month in December ... inflation rate is still running well above the Fed's 2% target (albeit a target tied to the PCE Price Index).