The U.S. Federal Reserve mandates to bring inflation under the 2% target and the FOMC looks at key economic data such as PCE, CPI, and jobs for monetary policy decisions. Fed officials, economists, and analysts now look at personal consumption expenditures (PCE) as CPI and core CPI came in hotter. While investors reassess monetary policy prospects, The post Can Fed’s Preferred Gauge PCE Disappoint Too After CPI Comes In Hot? appeared first on CoinGape .