#PCEInflationWatch When you lose.. don't be sad, dear!!
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And more importantly, learn to invest in your losses, learn from them (the causes of them and the ways that led you there) and avoid them.
Inflation, measured by the Personal Consumption Expenditures (PCE) index, rose by 2.6% in the year ending December, higher than the 2.4% in November and in line with forecasts. This indicates that inflationary pressures are still on the rise, making the Federal Reserve's (Fed) annual target of 2% increasingly elusive. In this context, Fed officials are becoming more cautious about cutting key interest rates, as this could lower borrowing costs but spur inflation to continue climbing.
The Personal Consumption Expenditures (PCE) price index is an important measure of inflation in the US, reflecting the price fluctuations of the goods and services that consumers purchase. The Federal Reserve closely monitors this index to guide monetary policy.
As of December 2024, the PCE price index increased by 0.3% from the previous month, raising the annual inflation rate to 2.6%, higher than the 2.4% in November. Core PCE, excluding food and energy, increased by 0.2% month-on-month and maintained a 2.8% year-on-year rate.
This data indicates that inflation remains above the Federal Reserve's 2% target, increasing the likelihood that the central bank will delay interest rate cuts to control inflationary pressures.
To track PCE inflation developments in real time and to have in-depth analysis.