The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Something important happened at the Federal Reserve's March 18 meeting that flew under the radar for most folks. Buried inside the Fed's quarterly Summary of Economic Projections (1), policymakers ...
The consumer price index increased a seasonally adjusted 0.9% in March putting the annual inflation rate at 3.3%. However, core prices rose much less – just 0.2% for the month and 2.6% from a year ago ...
There's no sugarcoating this. The 0.9 percentage point jump in CPI inflation from the previous month, to 3.3% YoY in March, is disappointing. The fact that it was expected doesn't make it less hard to ...
Inflation surged to its highest level in nearly two years in March as the headline Consumer Price Index reached 3.3% year-over-year. On a monthly basis, consumer prices rose 0.9%, marginally lower ...