U.S. November PCE data remains stable, Fed expected to keep interest rates unchanged next week.
TechFlame
2026-01-22 15:13
TechFlame2026-01-22 15:13
English
TechFlame News: According to Jinshi, the PCE inflation indicator favored by the Federal Reserve performed largely in line with expectations in November. The latest data shows that the U.S. core PCE price index rose 0.2% month-on-month and 2.8% year-on-year in November. Due to delays in data release caused by the prolonged government shutdown, these figures reflect the situation from last November. Although PCE is the Federal Reserve's preferred measure of inflation, the timeliness of the report may lead officials to place less emphasis on this data. The Federal Reserve appears poised to keep interest rates unchanged at next week's policy meeting.