Inflation measures show prices rising at a 3.15% rate year over year

From Yahoo Finance: 2025-03-28 07:08:00

The PCE Price Index, the Fed’s preferred inflation indicator, will be released by the BEA today. In January, PCE inflation grew 2.5% year over year, while the latest CPI report showed a 2.8% rise in inflation. Core PCE, excluding food and energy prices, increased by 2.6% in the latest month. Forecasts predict steady-to-lower readings for February, with the headline number at 2.4% and the core reading at 2.6%. Overall, inflation peaked in summer 2022 and has been on a consistent downward trend since. Various inflation measures show prices rising at a 3.15% rate year over year.



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