US Core PCE Price Index MoM (Dec) M/M 0.4% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)

US Core PCE Price Index MoM (Dec) M/M 0.4% vs. Exp. 0.3% (Prev. 0.2%, Low. 0.2%, High. 0.4%)

The US Core PCE Price Index for December came in at 0.4%, beating expectations of 0.3%. This stronger-than-expected print suggests persistent inflationary pressures, potentially complicating the Fed's decision-making as it may reinforce the case for tighter monetary policy going forward.