US Feb PCE Prices Index Reveals Continued Inflation Challenges

Reported 4 days ago

The February Personal Consumption Expenditures (PCE) price index rose by 0.3%, maintaining the same rate observed in January, with a year-over-year increase of 2.5%. Despite some economists' expectations, core inflation ticked slightly higher at 2.8%. The data suggests persistent inflation pressures remain, affecting expectations for future Federal Reserve interest rate adjustments as markets brace for uncertainty, particularly ahead of upcoming tariff changes.

Source: YAHOO

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