The 'Core PCE Prices QoQ Adv' refers to the quarterly advance estimate of the Personal Consumption Expenditures Price Index, excluding food and energy, in the United States. It measures the change in prices of goods and services consumed by individuals, providing insight into inflation trends. This metric is significant as it is closely monitored by the Federal Reserve to inform monetary policy decisions. A higher-than-expected reading can lead to increased interest rates, impacting financial markets by affecting borrowing costs and investment returns.
The 'Core PCE Prices QoQ Adv' refers to the quarterly advance estimate of the Personal Consumption Expenditures Price Index, excluding food and energy, in the United States. It measures the change in prices of goods and services consumed by individuals, providing insight into inflation trends. Th...