Inflation Stayed At 2.8% In December, Per Fed’s Preferred Metric—‘Further Progress’ Needed For Rate Cuts
- Posted on January 31, 2025
- By Forbes
- 1 Views
Inflation Stayed At 2.8% In December, Per Fed’s Preferred Metric—‘Further Progress’ Needed For Rate Cuts
Core PCE inflation, the Fed’s gold standard of inflation, has been above 2.5% for the last 46 months.