What inflation says about future rate cuts The Fed's preferred inflation measure, personal consumption expenditure [PCE] based inflation, tends to follow the same patterns as CPI inflation.

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 ...

The closely scrutinized monthly consumer-price index is out. Here are the key points ... that will be incorporated into the PCE.

The personal consumption expenditures index rose 2.6% in December. Core PCE, omitting food and energy, was 2.8%. Advertisement The December monthly increase was .07%, bringing the annual core PCE ...

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).

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%.

More detailed forecasts on PCE will be updated following the CPI release on Wednesday. Nationwide senior economist Ben Ayers argued that Tuesday's softer-than-expected PPI should temper the ...