Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

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

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.

Inflation surges, gas soars—but American consumers are barely flinching

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of ...

Inflation rose to 3.5% in March in Fed’s preferred gauge because of Iran war fallout

The personal consumption expenditures index report was released on Thursday morning and is unwelcome news for the economy.

Forget 3% US inflation. It's heading for 4%

Is 4% the new 2%? U.S. inflation has been above the Federal Reserve's target for so long that many observers believe ...
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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 ...