PCE Inflation Report Today: Fed’s Preferred Gauge Climbs to Highest Since 2024
WASHINGTON — The Federal Reserve’s battle against stubborn price pressures hit a significant roadblock on Friday morning. The Bureau of Economic Analysis (BEA) released the January Personal Consumption Expenditures (PCE) report, revealing that the “core” inflation measure—the central bank’s north star for monetary policy—has climbed to its highest level since early 2024. The data confirms…









