Core PCE Inflation At 3.0% In February, As Expected

Advisor Perspectives Charts6.62K FollowersFollow5ShareSavePlay(3min)CommentsSummaryThe 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. This was consistent with the forecast and was unchanged from January's reading. OlekStock/iStock via Getty Images By Jennifer Nash The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. This figure was consistent with the forecast and reflected a slowdown from January's 3.1% reading. On a monthly basis, core PCE rose 0.4%, as expected.This article was written byAdvisor Perspectives Charts6.62K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.