The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. This figure was ...
M/M vs. +0.3% consensus and +0.4% prior, according to data released by the Bureau of Economic Analysis on Thursday.
Core inflation held steady at 3% in October, matching a Reuters survey of economists and offering a clearer view of price pressures as the year closes. The steady reading, which excludes fresh food ...