The core personal consumption expenditures price index for December, an important gauge for the Federal Reserve, increased 0.2% on the month and was up 2.9% on a yearly basis.
Including volatile food and energy costs, headline inflation also rose 0.2% for the month and held steady at 2.6% annually.
Consumer spending increased 0.7%, stronger than the 0.5% estimate. Personal income growth edged lower to 0.3%, in line with the forecast.
Ｆｅｄ要等到ＹｏＹ的ＰＣＥ完成目标才降息？
大概还要等一个季度。
Price pressures clearly are cooling. The Fed's preferred measure of inflation - the personal consumption expenditures price index - increased 2.6% in December from a year earlier, the Commerce Department reported on Friday. Underlying inflation, on a six-month and three-month annualized basis, is now running below the central bank's 2% goal.
Following the release of the data, traders slightly favored the Fed's April 30-May 1 policy meeting over the March 19-20 meeting as the likely kickoff for a series of rate cuts this year.