#PCEInflationWatch #Write2Earn $BNB $BTC $ETH
To keep an eye on PCE inflation, let's break down the key indicators. The Personal Consumption Expenditures (PCE) Price Index measures the average change in prices of goods and services purchased by consumers.¹
*Current Trends:*
- The PCE Price Index, excluding food and energy, shows a 2.8% change from the previous year, as of November 2024.
- The core PCE price index, which excludes food and energy, is closely watched by the Federal Reserve for monetary policy decisions.
*Inflation Rates:*
- The 12-month inflation rates for PCE and core PCE are 2.44% and 2.82%, respectively, as of November 2024.²
- The median PCE inflation rate, which provides a better signal of the underlying inflation trend, is 2.88% for the same period.
Stay informed about the latest PCE inflation data through reliable sources like the Federal Reserve Economic Data and the Bureau of Economic Analysis.³
