January PCE comes in line with expectations

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Fri, Feb 28, 2025, 6:44 AM

January's Personal Consumption Expenditures (PCE) data — the Federal Reserve's preferred inflation measure — aligned with analyst expectations. Core PCE, which excludes volatile food and energy prices, increased 0.3% month over month and sits 2.6% higher than a year ago.

Yahoo Finance Federal Reserve Reporter Jennifer Schonberger reports the details in the video above.

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This post was written by Angel Smith