Core PCE Slows Down to 4.6% YoY, Falls Short of January Figures

Core PCE Slows Down to 4.6% YoY, Falls Short of January Figures

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According to a report by the Commerce Department on Friday, an inflation gauge that the Federal Reserve closely follows rose slightly less than anticipated in February. The personal consumption expenditures (PCE) price index, which excludes food and energy, increased 0.3% for the month, lower than…

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