美国个人消费支出价格指数上涨 通胀压力持续

Core Viewpoint - The U.S. personal consumption expenditure (PCE) price index shows persistent inflation pressures, with year-on-year increases of 2.7% and 2.8% in October and November 2025 respectively [1] Group 1: Inflation Data - The core PCE price index, excluding volatile food and energy prices, also rose by 2.7% and 2.8% year-on-year in October and November, nearing the previous high of 2.9% in July and August [1] - Month-on-month, both the overall and core PCE price indices increased by 0.2% in October and November [1] Group 2: Federal Reserve Implications - The PCE price index is a key inflation indicator closely monitored by the Federal Reserve, influencing monetary policy decisions and the target of reducing inflation to 2% [1] - Despite the inflation data aligning with market expectations, ongoing inflation pressures suggest that the Federal Reserve is likely to maintain interest rates during the monetary policy meeting concluding on January 28 [1]