Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the ...

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.
Seeking Alpha

Core PCE Inflation At 3.0% In February, As Expected

The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. On a monthly basis, core PCE rose 0.4%, as expected. The headline index rose 2.8% year-over-year ...

Iran war stasis brings US inflation expectations back to the boil

U.S. headline and core inflation are heading back above 3% once more, and inflation expectations for the year ahead are ...
CNBC

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday. The first revision of the GDP reading was a sharp ...
AOL

Inflation is lower, but consumers are still struggling

Over the past two years, the Federal Reserve has largely reigned in inflation. The Consumer Price Index (CPI) has moderated from 9.1% to 2.4%, putting the Fed’s 2% inflation target within reach. While ...
WRAL

US core inflation may hit 5-year low though price pressures linger

US core inflation may hit 5-year low though price pressures linger WASHINGTON (AP) — A measure of inflation may have fallen to a five-year low in January as rental costs have cooled, a sign that some ...
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.