Core PCE
Economy Business
Ranks #36 on Puerto Rico Trends
About This Trend
Core PCE (Personal Consumption Expenditures) price index is a measure of inflation that excludes volatile food and energy prices, providing a more stable gauge of price trends.
The Core PCE index is currently trending due to its recent acceleration, reaching a 3.5% pace in the first quarter, the highest in a year. This surge is significant as it influences the Federal Reserve's monetary policy decisions, particularly regarding interest rates. .
Started trending 9 hours 14 minutes ago
Trending In (2 locations)
Location | Rank | Last Seen |
---|---|---|
Puerto Rico | #36 | 6 hours 14 minutes ago |
United States | #36 | 6 hours 14 minutes ago |