welcome
Yahoo Finance

Yahoo Finance

Business

Business & Economics

New inflation reading reinforces Fed's go-slow strategy

Yahoo Finance
Summary
Nutrition label

79% Informative

The Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024 .

The "core" PCE index, which strips out food and energy costs, rose 2.8% over the prior year during the month of December .

The new sign that inflation isn't making dramatic movements up or down comes after the Fed this week decided to keep rates on hold.

VR Score

90

Informative language

96

Neutral language

68

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links