U.S. Core PCE Inflation

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

U.S. Headline Inflation and U.S. Core PCE inflation

U.S. Headline Inflation and U.S. Core PCE inflation Goldman Sachs expects U.S. PCE inflation to converge to 2% in late 2025, which could lead to a more predictable and stable economic landscape for U.S. consumers. Image: Goldman Sachs Global Investment Research

Inflation – Core PCE and Forecasts

Inflation – Core PCE and Forecasts Despite the recent uptick in U.S. inflation, the decline in core PCE inflation from the elevated levels observed in 2022 has substantial implications for monetary policy, consumer behavior, and the broader economy. Image: BofA Global Research

Contributions to Year-on-Year U.S. Core PCE Inflation

Contributions to Year-on-Year U.S. Core PCE Inflation Goldman Sachs maintains its projection for a decrease in U.S. core PCE, the Fed’s preferred measure of inflation, which could have significant implications for the broader economy. Image: Goldman Sachs Global Investment Research

Inflation – U.S. Core PCE and Core CPI

Inflation – U.S. Core PCE and Core CPI Goldman Sachs forecasts a significant decline in U.S core PCE and core CPI, which could have significant implications for the broader economy. Image: Goldman Sachs Global Investment Research

Fed Funds Rate Less U.S. Core PCE

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

U.S. Core PCE Inflation Goldman Sachs still expects U.S. core inflation to continue to decline. Image: Goldman Sachs Global Investment Research

Inflation – U.S. Core PCE

Inflation – U.S. Core PCE The high U.S. core PCE inflation of 4.6% in March does not yet support terminating the Fed hiking cycle. Image: Morgan Stanley Wealth Management

Core PCE Inflation Forecasts

Core PCE Inflation Forecasts Goldman Sachs expects U.S. core PCE inflation to fall faster than expected. Image: Goldman Sachs Global Investment Research