The U.S. Core PCE Price Index for January came in at 2.6% YoY (expected: 2.6%, revised prior: 2.9%) and 0.3% MoM (expected: 0.3%, prior: 0.2%).
With both annual and monthly Core PCE figures aligning with expectations, what signals does this send for the Fed’s future rate cuts? Will the Fed adjust its policy stance? Share your thoughts!