December PCE Indicates Rising Inflation Ahead of Tariff Changes

Reported about 9 hours ago

In December, the Personal Consumption Expenditures (PCE) price index revealed expected increases in core prices, driving US stock futures higher. This inflation data arrives closely before President Trump's February 1 tariff deadline on imports from Canada, Mexico, and China, as he confirmed plans for a 25% tariff while noting some aspects remain undecided.

Source: YAHOO

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