Inflation Steady in Jan., Meeting Expectations

Inflation Steady in January, Meeting Expectations as Consumers Backed Away From Large Purchases
While the consumer price index is more well known, the PCE is used by the Fed in its forecasts. For now, the central bank is on pause as it holds interest rates steady while awaiting further economic data and sees the effects of President Donald Trump ’s proposed tariffs on imported goods.
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis said Friday. Excluding food and energy, the core PCE rate was 2.6% annually.
Consumer confidence drops amid inflation expectations
Inflation expectations vary by political affiliation, surveys show, but fears of inflation can be self-fulfilling.
Virginia Consumer Sentiment and Inflation Expectations Report for Feb. 2025
The first report of the new year found that consumer sentiment had fallen, while inflation concerns had risen.
US consumer spending falls in January; monthly inflation rises
U.S. consumer spending unexpectedly fell in January, but a pick up in inflation could provide cover for the Federal Reserve to delay cutting interest rates for some time. Consumer spending, which accounts for more than two-thirds of U.
US consumer spending declines; annual inflation subsides
U.S. consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.

Fed, PCE and Inflation

Rise in US inflation expectations means Fed has to stay on guard, Schmid says
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Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
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The Fed Appears To Be Losing Control Of Inflation Expectations
Rising inflation expectations spark concerns as consumer confidence shifts. Click for my look at the markets as they respond ...
The Fed’s preferred inflation gauge cooled last month, but consumer spending sank
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with a red flag ...
Inflation, growth may be in conflict but Fed seen restarting cuts in June
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...