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None Cooling inflation data means the Fed is in position to cut rate in June, LPL's chief economist said. • None The PCE index, which is the Fed's preferred…
Annual inflation rate rose to 2.5% as expected in Feb, while personal spending unexpectedly increased. Analysts divided on impact and policy implications.
The Federal Reserve’s key inflation metric mostly met expectations for February, leaving economists as divided as ever on the timing of a rate cut.
WASHINGTON -- Prices moderated in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut from the Federal Reserve on the table.
Once again, inflation came in hot for a second straight month.