The U.S. Federal Reserve's preferred inflation measure elevated sharply in February, with the core personal consumption expenditures price index climbing 0.4%--the largest monthly spike since January 2024--while consumer spending growth fell short of expectations, the Commerce Department reported Friday. Fed's Inflation Fight Faces Setback With Surging PCE Data The core PCE price index, which excludes […]
Markets Tumble as Fed's Favorite Inflation Gauge Spikes; Bitcoin Slides, Stocks Dump
Bitcoin.com - 28 Mar 2025 18:14
The U.S. Federal Reserve's preferred inflation measure elevated sharply in February, with the core personal consumption expenditures price index climbing 0.4%--the largest monthly spike since January 2024--while consumer spending growth fell short of expectations, the Commerce Department reported Friday. Fed's Inflation Fight Faces Setback With Surging PCE Data The core PCE price index, which excludes […]
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