Your Daily Brief For January 27th

Your Daily Brief For January 27th

about 1 month ago1 min

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In today’s Daily Brief, we'll look at the latest inflation data.

"Over the last few months, the PCE has been trending slightly below the CPI. And this release was no different: while the CPI moved slightly higher in December, showing prices rising by 3.4% from the year before, the PCE held steady at 2.6%."

Key takeaways:

  • The latest inflation data showed that US prices are starting to lose their bite
  • The US economy beat all expectations, nabbing the top spot as the world's fastest-growing advanced economy
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