Core PCE Inflation At 3.2% In March, Highest Level Since 2023

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.2% year-over-year in March.
U.S. News & World Report

Exclusive-Fed's Musalem Says Oil Shock Likely to Keep Core Inflation Near 3%, Rates on Hold for Some Time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.
Seeking Alpha

Core PCE inflation comes in slightly hotter than expected in February

The Core PCE Price Index, a measure closely watched by the Federal Reserve, rose +0.4% M/M in February, the same rate of increase as in January and slightly more than the +0.3% consensus, according to ...