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11th Dec 2024 20:08USDaily Monitor

  • The 0.3% rise in the core CPI was powered by jumps in vehicle and hotel room prices, which are volatile... 
  • ...These components have a much smaller weight in the core PCE, which likely rose by just 0.2%.
  • Expect 0.2% core PCE prints in December and January, but tariffs threaten to upend the benign trend.

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Keywords for: 12 December 2024 US Monitor CPI data point to a 0.2% core PCE print, endorsing f

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