PCE Inflation
PCE Inflation Holds Steady at 2.8%: Markets Rally as 'Sticky' Data Meets Expectations
As the Federal Reserve convenes for its first policy meeting of 2026, investors are breathing a collective sigh of relief. The latest Personal Consumption Expenditures (PCE) price index—the central bank’s preferred metric for measuring inflation—held steady at a 2.8% annual rate. While this figure remains stubbornly