This indicator measures the monthly change in the prices paid by consumers for goods and services, excluding food and energy.
Releases at
13:30
Thursday, October 29, 2026 at 13:30
The Core PCE Price Index is the Federal Reserve's preferred gauge of inflation because it excludes volatile food and energy prices, providing a clearer view of underlying inflation trends.
Investors and policymakers watch this data closely to assess inflation pressures and to anticipate potential changes in monetary policy, such as interest rate adjustments.
Higher inflation readings may lead to expectations of tighter monetary policy, which can affect bond yields, stock prices, and the US dollar.
Markets may anticipate faster Fed tightening, leading to higher bond yields, a stronger US dollar, and potential pressure on stocks.
Markets may expect a more accommodative Fed stance, resulting in lower bond yields, a weaker US dollar, and support for stocks.
Markets typically show limited reaction as inflation trends are confirmed, maintaining current monetary policy outlooks.