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US CORE PCE INFLATION PREVIEW: FEDERAL RESERVE PREFERRED PRICE GAUGE LOOKS SET TO ACCELERATE IN JANUARY

Alan xi
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  • The Core Personal Consumption Expenditures Price Index is set to rise 0.4% MoM and 2.8% YoY in January.
  • Markets see a strong chance of the Federal Reserve keeping the policy rate unchanged in March and May.
  • The slowing progress of PCE inflation towards the 2% target could help the US Dollar stay resilient against its rivals.

The Core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Thursday by the US Bureau of Economic Analysis (BEA) at 13:30 GMT.


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