Fed's 'Wait and See' Stance Backed by Upward Revision in Core PCE Inflation Rate
Saturday, 30 March 2024, 06:45
Fed's Data-Driven Approach
The Federal Reserve's decision-making process on rate cuts is anchored on analyzing key inflation indicators.
Core PCE Inflation Reaches New High
The Core PCE inflation rate surged to the highest level since July, demonstrating strong growth momentum.
- 5.6%: The annualized month-to-month growth rate for January in the Core PCE index.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.