![Shopping for groceries in Rosemead, California. Core PCE inflation – which excludes food and energy – rose 0.2 per cent last month. AFP](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/WHCRWHI6F6ZCHFNVDQNGPDC4VM.jpg?smart=true&auth=560594d9408ed3f6c3ebcacda9cb96793173983d536de6607cad7857283eaa6c&width=400&height=225)
Shopping for groceries in Rosemead, California. Core PCE inflation – which excludes food and energy – rose 0.2 per cent last month. AFP
Shopping for groceries in Rosemead, California. Core PCE inflation – which excludes food and energy – rose 0.2 per cent last month. AFP
PCE: US inflation slows further as momentum builds towards soft landing
Measure closely monitored by Federal Reserve showed core inflation dipped in December