The Personal Consumption Expenditures Index (PCE) increased by 0.3% in February, after a 0.3% increase in January that was not revised. The PCE price index was expected to rise by 0.3%. The Bureau of Economic Analysis of the Commerce Department said that prices rose 2.5% in the year to February, matching the rise of January. After a 0.3% increase in January, the PCE index … [Read more...] about Inflation Holds at 2.5%—What It Means for Your Wallet
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