Expert: Core PCE Inflation Rebounds to 3.0% in January

Paul Ashworth, Chief North American Economist at Capital Economics, highlighted that while the core PCE inflation measure typically averages about 0.3 percentage points lower than the CPI, their calculations indicate that the Federal Reserve's preferred core PCE inflation measure rebounded to 3.0% in January. According to Jin10, this suggests a notable increase in inflationary pressures, which could influence the Federal Reserve's monetary policy decisions.