#PCEInflationWatch

The core PCE price index for the fourth quarter of the U.S. meets expectations

AI Summary

The core PCE price index in the U.S. rose to 2.5% in the fourth quarter, meeting expectations and indicating that inflationary pressures continue.

According to BlockBeats, the preliminary annualized quarterly rate of the core Personal Consumption Expenditures (PCE) price index in the U.S. for the fourth quarter stood at 2.5%. This figure matches market expectations and shows an increase from the previous value of 2.20%. The core PCE price index is a key indicator used to measure inflation and economic trends in the United States.