Core PCE Inflation Rises 0.2% in April, Matching Forecasts The Federal Reserve’s preferred inflation measure, the personal consumption expenditures (PCE) price index excluding food and energy, rose 0.2% in April, meeting expectations. Annually, core PCE increased by 2.8%, slightly above estimates. Including food and energy, PCE inflation was 2.7% annually and 0.3% monthly, also in line with forecasts. This measure is favored over the consumer price index (CPI) due to its broader scope and ability to account for changes in consumer behavior. Despite the slight rise, Fed officials, including Chair Jerome Powell, are concerned about the persistent inflation range. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Mining Stocks Lag Behind as Gold Prices Shine: A Rally on the Horizon? READ MORE De-Dollarization: A Gradual Shift from US Currency Control READ MORE China's Commodity Hoarding: Implications for Global Markets and Security READ MORE U.S. Banks Face Dual Challenges: Weakening Loan Quality and Declining Interest Payments READ MORE Gold Nears Two-Month High Amid Anticipation of US Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published.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