The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from January (+4.6% annualized), the biggest jump in a year. Year-over-year, the PCE ...
The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. On a monthly basis, core PCE rose 0.4%, as expected. The headline index rose 2.8% year-over-year ...
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