M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
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 ...
Behind the headline numbers, the cost of simply living keeps rising in ways that are hard to ignore ...