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The Fed’s preferred inflation indicator rose 5% in December
image 27 January، 2023
image ابحاث السوق
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 Data released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $49.5 billion in December, or 0.2%, while the PCE index, the favorite indicator for measuring inflation for the US Federal Reserve, stabilized at 0.1% on a monthly basis.

On the other hand, the main index rose. Excluded from food and energy prices by 0.3%. The annual index rose to 5% in December compared to 5.5% in the November reading.

The main index excluding food and energy prices rose to 4.4% compared to 4.7% in the November reading.

The general index of the US dollar is trading at 101.89 levels, while the yellow metal is rising and trading at 1932 dollars an ounce.

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