By One Measure, US Core Inflation Is Now at the Fed Target

Genevieve Signoret & Delia Paredes

(Hay una versión en español de este artículo aquí.)

Inflation rates have continued to come down in the United States

PCE Price Indices, seasonally adjusted (12m % change)

Consumer Price Indices, seasonally adjusted (12m % change)

Source: Bloomberg.

3-month annualized PCE core inflation rate is now at the Fed’s target

PCE Price Indices, seasonally adjusted (3-month annualized % change)

PCE Price Indices, seasonally adjusted (3-month annualized % change)

Source: Bloomberg.

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