Core Fed Inflation Metric Surpasses Expectations, Rising 2.8% in March Inflation persisted in March, as revealed by the Federal Reserve’s closely monitored personal consumption expenditures (PCE) price index. Excluding food and energy, the core PCE index rose by 2.8% year-over-year, surpassing the anticipated 2.7%, according to the Commerce Department. Including these volatile categories, the overall PCE index also exceeded expectations, climbing 2.7% compared to a forecasted 2.6%. Despite these figures indicating sustained inflationary pressure, market response was muted, with Treasury yields dipping slightly and Wall Street poised for a positive open. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Are Gold ETFs Backed By Physical Gold? READ MORE China’s 10-Year Yield Down to Lowest Since 2002 on Growth Worry READ MORE Gold Performance Key to Silver's Rally, HSBC Reports READ MORE Beyond the Numbers: The Varied Impact of Inflation READ MORE Gold Defies Commodity Downturn as Rate Cut Hopes Boost Investor Appeal READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment