Contributions to Year-on-Year U.S. Core PCE Inflation U.S. core inflation has been steadily declining, nearing the Federal Reserve’s 2% objective and suggesting a normalization of price pressures. Image: Goldman Sachs Global Investment Research
Inflation – U.S. Core PCE The GS Core Inflation Tracker currently remains below the Federal Reserve’s target of 2%, which is a crucial component of its monetary policy aimed at ensuring price stability and anchoring inflation expectations. Image: Goldman Sachs Global Investment Research
Inflation – U.S. Core PCE and Forecasts BofA forecasts that U.S. core PCE will move higher in the second half of 2024 due to unfavorable base effects, but risks are substantially lower compared to the two years prior. Image: BofA Global Research
Inflation – U.S. Core PCE and Core CPI Goldman Sachs’ forecast of a continuous decline in U.S. core PCE and core CPI suggests a potential slowdown in inflationary pressures, which could have significant implications for the overall economic outlook. Image: Goldman Sachs Global Investment Research
U.S. Inflation – Core PCE and Core CPI Inflation is trending downward towards the Fed’s 2% target, a crucial aspect of its monetary policy aimed at maintaining price stability and anchoring inflation expectations at a moderate level. Image: BofA Global Research
U.S. Headline Inflation and U.S. Core PCE inflation According to Goldman Sachs, U.S. PCE inflation is expected to converge to the 2% target by 2025, potentially leading to a more predictable and stable economic environment for U.S. consumers. Image: Goldman Sachs Global Investment Research
U.S. Core PCE Inflation For the past three months, U.S. core PCE inflation, the Federal Reserve’s favored gauge of inflation, has consistently exceeded the 2% target. Image: BofA Global Research
Fed Funds Rate Less U.S. Core PCE Is the Federal Reserve’s monetary policy really restrictive in order to return inflation to 2%? Image: Morgan Stanley Wealth Management
U.S. Core PCE Inflation Goldman Sachs still expects U.S. core inflation to continue to decline. Image: Goldman Sachs Global Investment Research
Core PCE Inflation Forecasts Goldman Sachs expects U.S. core PCE inflation to fall faster than expected. Image: Goldman Sachs Global Investment Research
Federal Funds Rate and Core PCE Inflation Will the Fed hike rates above core PCE inflation? Image: Deutsche Bank