Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

FED'S FAVORITE MEASURE OF INFLATION FALLS

Matthew BoeslerMar 3, 2014, 19:02 IST

REUTERS/Jason ReedU.S. Federal Reserve Chairman Janet Yellen carries her own bags to a group photo of the Central Bank Governors and Finance Ministers of G20 countries near the Sydney Opera House and Sydney Harbour Bridge, February 22, 2014.

January core PCE deflator data are out.

The deflator rose 0.1% from the previous month in January, bringing the year-over-year change in the core PCE deflator to 1.1% from December's 1.2% reading, as expected.

The core PCE deflator is the measure of inflation that the Federal Reserve cites in its communications, and is thus closely followed by Fed watchers.

Click here to refresh for the latest updates »