U.S. Q4 Core PCE Price Index Meets Forecasts

BlockBeats reports that the preliminary annualized quarterly rate of the U.S. core Personal Consumption Expenditures (PCE) price index for Q4 came in at 2.5%, exactly in line with market expectations. This marks an uptick from the prior reading of 2.2%. The core PCE index remains a crucial measure for tracking inflation and broader economic conditions in the U.S.

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