Fed’s favorite core inflation measure hits 2.6% in January, as expected

Inflation Eased Slightly in January as Worries Accelerated Over President Donald Trump’s Tariff Plans, According to a Commerce Department Report friday.

The Personal Consumption Expenditures Price Index, The Federal Reserve’s Preferred Inflation Measure, Increased 0.3% for the month and showed a 2.5% annual rate.

Excluding food and energy, core pse also rose 0.3% for the month and was at 2.6% annual. Fed Officials More Closely Follow the core measure as a better indicator of longer-term trends.

The numbers all were in line with down down down with jones, and likely keep the Central Bank on Hold for the Time Being Regarding Interest Rates.

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