Core PCE inflation in US rose more than expected in December. US Dollar Index stays near 90.50 after the data. The Personal Consumption Expenditures (PCE) Price Index in December edged higher to 1.3% from 1.1% in November, the report published by the US Bureau of Economic Analysis showed on Friday. On a monthly basis, the PCE Price Index rose to 0.4% from 0%. More importantly, the Core PCE Price Index, the Federal Reserves preferred measure of inflation, ticked up to 1.5% and came in higher than the market expectation of 1.3%. Market reaction The US Dollar Index showed no immediate reaction to this report and was last seen at 90.45, where it was virtually unchanged on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Canada: Real GDP grows by 0.7% in November vs. 0.4% expected FX Street 1 year Core PCE inflation in US rose more than expected in December. US Dollar Index stays near 90.50 after the data. The Personal Consumption Expenditures (PCE) Price Index in December edged higher to 1.3% from 1.1% in November, the report published by the US Bureau of Economic Analysis showed on Friday. On a monthly basis, the PCE Price Index rose to 0.4% from 0%. More importantly, the Core PCE Price Index, the Federal Reserves preferred measure of inflation, ticked up to 1.5% and came in higher than the market expectation of 1.3%. Market reaction The US Dollar Index showed no immediate… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
