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Core PCE Deflator m/m refers to the monthly change in the Personal Consumption Expenditures (PCE) price index after excluding volatile items such as food and energy prices. The PCE price index is a measure of the average change in prices paid by consumers for goods and services, and the core PCE Deflator m/m provides a better indication of underlying inflationary pressures.
Core PCE Deflator m/m is important because it is the Federal Reserve's preferred measure of inflation, and it provides an indication of whether inflation is accelerating or decelerating. The Federal Reserve uses the core PCE Deflator m/m to make decisions about monetary policy, including setting interest rates, to maintain stable prices and maximize employment.
ADP Employment Change NEXT:5-Sep-2024 |
Average Hourly Earnings NEXT:6-Sep-2024 |
Average Weekly Hours NEXT:6-Sep-2024 |
Budget Balance NEXT:12-Sep-2024 |
Building Permits NEXT:18-Sep-2024 |
Business Inventories / Sales Ratio NEXT:17-Sep-2024 |
Business Inventories m/m NEXT:17-Sep-2024 |
Business Inventories y/y NEXT:17-Sep-2024 |
Business Sales m/m NEXT:17-Sep-2024 |
Business Sales y/y NEXT:17-Sep-2024 |
Capacity Utilization Rate m/m NEXT:17-Sep-2024 |
Capital Account Balance NEXT:19-Sep-2024 |
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