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The latest reading of the Federal Reserve's preferred inflation gauge showed prices increased more than expected in February as inflation remained above the Fed's 2% target. The release comes as investors have been closely watching data releases for signs of how President Trump's tariff policy is impacting the economy.
The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.4% from the prior month during...
>>> Read more: PCE, the Fed's preferred inflation gauge, shows prices increased more than expected in February
The "core" Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by the central bank, rose 0.4% from the prior month during...
>>> Read more: PCE, the Fed's preferred inflation gauge, shows prices increased more than expected in February
