Core PCE inflation: distance to 2% today: value, history and context
Data as of Oct 27, 2026
1.0 pp Poor
Data for Aug 31, 2026
Higher than on 67% of the days of the last 10 years.
Change over 1 week: 0.00 pp. Over 1 month: −0.34 pp.
Last month
| Date | Value | Colour |
|---|---|---|
| Oct 27, 2026 | 1.0 pp | Poor |
| Oct 26, 2026 | 1.0 pp | Poor |
| Oct 23, 2026 | 1.0 pp | Poor |
| Oct 22, 2026 | 1.0 pp | Poor |
| Oct 21, 2026 | 1.0 pp | Poor |
| Oct 20, 2026 | 1.0 pp | Poor |
| Oct 19, 2026 | 1.0 pp | Poor |
| Oct 16, 2026 | 1.0 pp | Poor |
| Oct 15, 2026 | 1.0 pp | Poor |
| Oct 14, 2026 | 1.0 pp | Poor |
| Oct 13, 2026 | 1.0 pp | Poor |
| Oct 12, 2026 | 1.0 pp | Poor |
| Oct 9, 2026 | 1.0 pp | Poor |
| Oct 8, 2026 | 1.0 pp | Poor |
| Oct 7, 2026 | 1.0 pp | Poor |
| Oct 6, 2026 | 1.0 pp | Poor |
| Oct 5, 2026 | 1.0 pp | Poor |
| Oct 2, 2026 | 1.0 pp | Poor |
| Oct 1, 2026 | 1.0 pp | Poor |
| Sep 30, 2026 | 1.0 pp | Poor |
| Sep 29, 2026 | 1.3 pp | Poor |
| Sep 28, 2026 | 1.3 pp | Poor |
Over the last 10 years
- High: 3.4 pp (Mar 31, 2022).
- Low: 0.0 pp (Aug 31, 2018).
- A year ago: 0.9 pp.
What it is
The inflation measure the Fed watches, without food and energy. The closer to 2%, the better for stocks. Gap between year-on-year core PCE inflation (excluding food and energy) and the Fed 2% target, in points. Part of the theme "US inflation": How fast prices and wages rise: what decides whether the Fed raises or cuts rates.
How to read it
Higher means more risk. The colour compares today’s value with the indicator’s own last 10 years: "Good" is the most favourable third of its history, "Poor" the most strained. It describes the present and anticipates nothing.
Frequently asked questions
What is Core PCE inflation: distance to 2%?
The inflation measure the Fed watches, without food and energy. The closer to 2%, the better for stocks. Gap between year-on-year core PCE inflation (excluding food and energy) and the Fed 2% target, in points.
What does a high value mean?
The higher, the more risk or strain. The colour compares it with its last 10 years: its high and low over that period are shown above.
Does it predict the stock market?
No. It describes where things stand today against their history, with no forecasts or recommendations.
See the detail on Stock Signal Lab →
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- US inflation: how the market stands today
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- All data