[Preview: U.S. December Core PCE Price Index Annual Rate to be Released Tonight, Expected at 2.9%] BlockBeats News, February 20, the U.S. December Core PCE Price Index annual rate will be released tonight at 21:30, previous value 2.8%, expected 2.9%. PCE corresponds to the Chinese term 'Personal Consumption Expenditures.' The Core PCE Price Index is a key indicator for measuring consumer inflation in the U.S. It was first introduced by the Bureau of Economic Analysis of the U.S. Department of Commerce and adopted in 2002 by the Federal Open Market Committee (FOMC), the decision-making body of the Federal Reserve, as a primary measure of inflation.