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HERE COMES CORE PCE...

Matthew BoeslerDec 23, 2013, 18:46 IST

Paul deBerjeois

Heads up! We are minutes away from the release of core PCE data, due out at 8:30 AM ET.

Economists expect the release to show that core PCE rose 0.1% in November, bringing year-on-year growth to 1.2% from October's 1.1% rate.

Core PCE is known as the Federal Reserve's favorite measure of inflation. There are signs that inflationary pressures may be starting to build across the economy, but as of yet, these pressures have not been manifested in actual inflation data.

We will have the full release LIVE at 8:30 AM ET. Click here to refresh for the latest updates »