Cryptopolitan
2024-04-26 17:45:11

Federal Reserve’s key inflation metric goes bearish on US economy

Inflation’s grip didn’t loosen up in March. The Federal Reserve keeps a close eye on the personal consumption expenditures (PCE) price index. This month, it didn’t bring any relief. The Commerce Department spilled the beans on Friday, revealing that the core PCE (that’s the one without food and energy costs) was up 2.8% from last

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