What the Fed’s Favorite Inflation Gauge Could Reveal on Thursday
Investopedia·2026-01-21 21:02
What This Means For The Economy The delayed release of the PCE inflation data from November means it will be less influential than usual on Federal Reserve interest rate policy. Inflation has run higher than the Fed's goal since 2021, and while it has fallen sharply from its recent peak in 2022, it has resisted the Fed's attempts to wrestle it all the way down to 2%. Some Fed officials have worried that tariffs are pushing inflation higher as merchants pass along the costs of President Donald Trump's import ...