The core personal consumption ... data due on Friday. Overall PCE inflation likely eased on an annual basis as well, according to the median estimate in a Bloomberg survey of economists.

is projected to rise 0.3% on a monthly basis in January, following the 0.2% increase recorded in December. Over the last twelve months, the core PCE inflation is forecast to soften to 2.6% from 2.8%.

(Bloomberg) — US stock futures edged higher as traders looked forward to a print of the Federal Reserve’s preferred inflation measure for clues on the outlook for interest rates. Listen to the ...

What Bloomberg Economics Says: “We expect personal-consumption data to show personal spending contracted in January, while core PCE inflation likely slowed to 2.6% year over year. The Trump ...