the inflation front, and it comes from the inflation gauge that the federal reserve watches most closely. that s the p c e index showed that prices were up by 0.3% between january and february. that is a significant cool down from the month before over the prior 12 months, prices were up by 5% now normally, 5% inflation is nothing to celebrate its more than twice as high. not as what is considered healthy inflation, but we, of course, are not in normal times . and if you look at the trend, you can see that it is moving in the right direction. inflation is cooling off. this is actually the coolest annual inflation reading for this metric since september of 2021. that does suggest that some of the fed s tough medicine is starting to work, though it may not be working quite fast enough for many americans who are dealing with the high cost of living right now. especially at the
Let us start with the good news because there isn t much of it. The PCE index rose by 5% from the year before, slightly below expectations. Core PCE, the Fed s preferred inflation measure which excludes the volatile categories of food and energy, rose by 4.6%, a tick below January s acceleration to 4.7%.
border. i ll tell you, the people are concerned on here, rightfully so. it s a federal government s responsibility, ainsley, to secure our southern border. it s in the constitution, article four, section four. the invasion cause. article one, section ten. the states have a right to self-defense and i think these governors in states along the setting where they need to start acting up opryland defend their southern border, as many of them have. ainsley: is great to see the whole committee of republicans. democrats didn t go. to the people, instead of staying in washington and talking about something so far away. thank you for doing that and trying to help the folks in yuma. thanks, congressman. thank you, god bless. ainsley: god bless you. let s head to ashley for some headlines. ashley: we will start with fox news alert. a key report on consumer pricing and inflation from the commerce department released his moment to go. the january pce index gaining 0.6% this month. that s 0.
america got a little good financial news this week. inflation continued to cool off in november. the pce index, which is closely watched by the federal reserve, was up 5.5 percent in november, better than the 6.1% that it was in october. and anyone who has been shopping, though, for their holiday dinner knows that food prices are still up, way up in some cases. turkey up 18%. flour and butter are both going to cost you more. a dozen eggs will cost you a whopping 50% more than they did for the holidays last year. let s talk to someone who knows all about the rising prices and the problems, stu leonard. hi, sara, how are you? i just moved to new york and i was just informed if i don t