SpletThe consumer price index (CPI) cooled to a 0.1% pace in March, after rising 0.4% pace in February. That translates to a gain of 5.0% from a year ago in March, down from 6.0% in February. A double-digit 17.4% drop in prices at the gas pump from a year ago accounted for more than half of that slowdown in overall inflation. SpletPred 1 dnevom · The core PCE price index was forecast to advance 4.6% on a year-on-year basis after a similar increase in February. The core PCE price index is one the inflation …
The Fed’s favorite inflation measure cooled in February
SpletThe Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and … Splet14. apr. 2024 · From a year earlier, CPI slowed to 5.0% from 6.0% in February. That is down sharply from 9.0% last June, but still well above the 2.25% that would correspond to the Fed’s target of 2% PCE price inflation; the PCE price index runs a bit slower than CPI. Core CPI excluding food and energy rose 0.4% on the month, matching the consensus. med spa treatments for acne
Behind the numbers: PCE inflation update, February 2024
Splet31. mar. 2024 · In the 12 months through February, the PCE price index advanced 5.0% after rising 5.3% in January. Excluding food and energy, the PCE price index climbed 0.3% … Splet24. feb. 2024 · The personal consumption expenditures price index rose 5.4% from a year earlier and the core metric was up 4.7%, both marking pickups after several months of … Splet11. apr. 2024 · April 11, 2024 Federal and local governments imposed eviction moratoriums during the height of COVID-19 in 2024, temporarily shielding an estimated 1–2 million U.S. households from the threat of losing their homes. nalley honda brunswick ga service dept