Impact of Higher Tariffs on the U.S. Core PCE Price Index The coming inflation rebound is expected be limited in scope and duration, meaning it is unlikely to trigger the kind of persistent inflation psychology that can drive a sustained wage-price spiral. Image: Goldman Sachs Global Investment Research
U.S. Core PCE Inflation Forecasts Goldman Sachs forecasts that U.S. core PCE inflation will reach 3.8% by December 2025. Although inflation is projected to stay above the Fed’s 2% target, wage pressures are cooling and the labor market remains robust. Image: Goldman Sachs Global Investment Research
Inflation – U.S. Core PCE and Forecasts U.S. core PCE inflation is expected to have decelerated significantly in November, reinforcing expectations that the Fed’s monetary policy is effectively controlling inflation. Image: Nomura
Inflation – U.S. Core PCE Deflator The recent stalling of disinflationary progress in U.S. core PCE deflator could complicate the Federal Reserve’s monetary policy decisions. Image: Deutsche Bank
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 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