Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
December 2024 PCE Data to be Released Today
The US Personal Consumption Expenditures Price Index data for December 2024 is expected to be published today, January 31, 2025. This will give the critical inflation trend and consumer spending in the US economy. As a leading indicator, the PCE index is always looked forward to by investors and analysts to judge the economic forecast.
Recent PCE Trends
The PCE Price Index, in November 2024, was only up a small 0.1% month-to-month, falling short of its estimated value of 0.2%, which would have been the smallest increase in six months. This was also seen in the core PCE index price index that doesn't consider food and energy inflation registered at 0.1%. Annual figures showed that the headline PCE saw its inflation rise to 2.4%, while the core, at 2.8%, remained unchanged but both were under expectations.
Economic Environment and Future Predictions
For the next month, economists predict a 0.2% growth in the headline and core PCE indices, which may have some stabilizing effects on inflation rates. For the year-on-year core PCE inflation, it is anticipated to be 2.8%. The Federal Reserve has hiked its estimate for PCE inflation in 2025 from 2.1% to 2.5%, following the current trend of the economy. This release is going to be important for market sentiment and can influence future interest rate policies.
