The Multivariate Core Trend inflation rate for March accelerated to 3.0% year-over-year, the worst reading since February 2024, according to the New York Fed today. The re-acceleration was driven ...
February income grew at a strong 0.8 percent pace, while personal consumption expenditures were up by a solid 0.4 percent. The overall PCE price index rose by 0.3 percent for the month, but the core ...