Big news about money! The government checks how much prices are going up. They use something called the PCE Price Index, which is like a special report card for prices. This report shows how quickly prices are changing.
This report is important because it helps the government understand if prices are rising too fast (called inflation). It helps them make decisions about the economy.
The new report shows that prices are still going up, but a little slower than before. Let's see what it means for you and your family.
- Prices are still rising, but more slowly than before.
- The government uses different ways to measure inflation.
- Experts are watching prices closely to help the economy.
| Thing | Number |
|---|---|
| PCE Inflation (December) | 2.6% |
| CPI Inflation (December) | 3.0% |
| Predicted PCE Inflation (January) | 2.5% |
