Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

PCE Inflation February 2025


In February, the main inflation is hotter, hotter than expected; Spend increased by 0.4%

The main inflation measure of the federal reserves has increased more than expected in February, and consumer expenses have also showed a more predictable increase. The trade department said on Friday.

This Basic Individual Consumer Cost Price Index Since January 2024, the 12-month inflation rate increased by 0.4% for the month by putting 2.8%. Economists examined by Dow Jones were looking for appropriate numbers 0.3% and 2.7%.

The main inflation exceptions variable food and energy prices and is usually considered a better indicator of long-term inflation trends.

In the measurement of all the items, the price index increased by 0.3% per month, 2.5% per year, and twice in accordance with the forecast.

At the same time, the Bureau of Economic Analysis Show the Bureau of Consumer Expenditures accelerated 0.4% below 0.5%. The increase of 0.8% in personal income came as 0.4% against the estimated.

Stock futures As for the treasury, it briefly down after release.

Federal reserve officials focus on PCE inflation reading, as the changes in consumer behavior and the lesson of the labor department are less emphasized for a smaller apartment than the index of consumer prices. Asylum costs have been one of the exinicular elements of inflation and the PCE event increased by 0.3%.

“Looks like something ‘waiting and seeing’,” said something still waiting, “Morgan Stanley’s General Economic Strategy. “Today’s expected, higher inflation reading is not excluded, but the Fedin does not intend to speed up the Fedin schedule to cut interest rates, especially the uncertainty covering the tariffs.”

Good prices that occurred by 0.5% increased recreational goods and vehicles increased by 0.2%. Gasoline reduces part of the category, category by 0.8%. Service prices increased by 0.4%.

Households grew more carefully with their money, because the individual saving rate increased to the highest level since June 2024.

The report will increase inflation at a time, which will slowly aggravate inflation of tariffs for Donald Trump tariffs, but at a time of 2% target.

After the assessments, a full point of interest in 2024, the Central Bank will be held this year, this year, with delayed officials to discuss the effects of import duties. Economists tend to think of the tariffs as soon as possible, but are considered as modest events that cover Trump tariffs and the potential for a global trade war.

Correction: In February, consumption costs increased by 0.4%. The previous title made the number wrong.

Get your ticket to Pro Live
Join us on the New York Stock Exchange!

Uncertain Markets? Fall aside CNBC Pro liveExclusive, opening event on the historic New York Exchange.

In today’s dynamic financial landscape, access to expert concepts is paramount. As a CNBC Pro subscriber, We invite you To join us The first exclusive, CNBC Pro live event, a live event in NYSE on Thursday June 12.

Join interactive pro clinics led by our Probles Carter Worth and Niles and Dan ives, with a special publication of pro negotiations with Tom Lee. During an interesting cocktail clock on the legendary trade floor, you will also have an opportunity to network with CNBC experts, talent and other Pro subscribers. Tickets are limited!



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *