PCE inflation

Inflation rate - United States - Personal Consumption Expenditures price index.

The rate of inflation as measured by the Personal Consumption Expenditures (PCE) price index.

"Positive signals such as falling inflation and a buoyant US economy may lead central banks to slowly drop rates through [the coming year] to ensure that real rates remain constant as nominal rates fall with inflation.

Central banks believe this the likely option, with the Fed predicting core PCE inflation of 2.6% in [the coming year], and a Fed Funds rate of 5.1% – a slight drop from [last year]."

(HSBC - ACT - The year in review 2023.)

See also

• Central bank
• Fed funds
• Inflation
• Nominal rate
• Personal Consumption Expenditures price index (PCE)
• Real rate
• Recession
• Underlying