#PCEInflationWatch The Personal Consumption Expenditures (PCE) Price Index has just been released, and it's a big deal for the economy. The core PCE price index, which excludes food and energy, rose by 2.5% in the fourth quarter, matching market expectations.

This index is a key indicator of inflation and economic trends in the United States. The Federal Reserve closely monitors it to guide interest rate decisions. Rising PCE inflation may prompt tighter monetary policy, while declining inflation could support rate cuts.

Here are some key takeaways from the latest PCE data:

Year-over-year change:

The PCE price index increased by 2.6% in December, matching economist expectations.

Monthly change:

The index rose by 0.3% in December, following a 0.1% increase in November.

Core PCE:

The core PCE price index, which excludes food and energy, increased by 2.8% in November, according to the Bureau of Economic Analysis.

Keep an eye on the #PCEInflationWatch for updates on how this data affects the economy, interest rates, and your investments.