High inflation indicated by core PCE price index rising 4.1% annually

From Yahoo Finance: 2025-06-27 12:00:00

The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditures (PCE) price index, rose 0.5% in September. This marks a 4.1% increase from a year earlier, the largest annual gain since 1991. The overall PCE price index, including food and energy, increased by 0.4% in September. This data suggests that inflationary pressures remain strong, which may influence the Fed’s decisions on interest rates and monetary policy in the coming months.



Read more at Yahoo Finance: Daily Spotlight: Fed’s Favorite Inflation Indicator