Core PCE Levels Off, But the ECI May Have the Fed More Concerned

The US released what is considered to be the Fed’s favorite measure of inflation on Friday, the Core PCE Price Index.  The March print was 5.2% YoY vs 5.3% YoY expected and 5.3% YoY in February.  The headline PCE Price Index rose by 6.6% YoY vs 6.8% YoY expected and 6.3% YoY in February.  This […]

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