February PCE Inflation Rate Falls Below Expectations, Core PCE Up 4.6%
The latest report from the Bureau of Labor Statistics shows that the personal consumption expenditures (PCE) index rose by 0.3% from the previous month and 5% on an annual basis. The PCE price index, which is the Federal Reserve’s preferred measure of inflation, came in below expectations that called for a 0.4% rise. It was […]
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