🚀 PCE Inflation Watch – Key Takeaways (Jan 31, 2025)
🔥 Inflation on the Rise: The PCE price index jumped 📈 0.3% in December, pushing the annual rate to 2.6% (up from 2.4% in November).
📊 Core Inflation Holds Firm: Stripping out food and energy, core PCE inflation rose 📊 0.2% for the month, sticking at 2.8% year-over-year.
💰 Consumer Spending Boom: Americans 🛍️ spent 0.7% more in December, following a 0.6% gain in November—a major driver of inflation.
⚡ Why the Surge? Many rushed to buy ahead of expected 🔺 tariff-driven price hikes, fueling a 2.3% annualized growth in Q4.
🏦 What About Interest Rates? With inflation still 📊 above the Fed’s 2% target, 💸 rate cuts may be delayed longer than expected.
📉 Market Mood: Investors reacted 📈 positively, with stock futures rising amid 💼 strong tech earnings and inflation data focus.
🍏 Apple’s Big Win: Despite lower iPhone sales, Apple hit a 📊 record $124.3 billion revenue, pushing its stock 📈 up 4%.
🔮 What’s Next? All eyes are on the Fed’s next move—will inflation ❄️ cool down, or is more 🔧 economic tightening on the way?
#PCEInflationWatch