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 U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE America's $35 Trillion Debt: A Ticking Time Bomb for Future Generations READ MORE Asda Report Highlights Significant Rise in British Families' Disposable Incomes READ MORE January Inflation Breakdown READ MORE RBI Relocates 100 Tons of Gold from UK to India, More Expected READ MORE Add a Comment Cancel replyYour email address will not be published.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