Feb. PCE data: Inflation trend not 'inflecting higher'
3:22
Yahoo
Feb. PCE data: Inflation trend not 'inflecting higher'
The Fed's preferred inflation gauge showed prices are still high. Core PCE rose 0.4% month over month and 2.8% year over year in February. Economists had expected readings of a 0.3% and 2.7% increase, respectively. Jefferies chief US economist Thomas Simons joins Morning Brief to discuss the data and its implications. To watch more expert ...
10 months ago
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