The Rise of Key Fed Inflation Gauge and Consumer Spending in February

Friday, 29 March 2024, 13:11

In February, the personal consumption expenditures price index increased by 2.5%, meeting expectations. Monthly prices showed a 0.3% rise, falling slightly under economists' projections. This could indicate a moderate inflation trend affecting consumer spending.

https://store.livarava.com/328b2e99-edd9-11ee-890b-87cc5c87fb08.jpg — The Rise of Key Fed Inflation Gauge and Consumer Spending in February

Key Fed Inflation Gauge and Consumer Spending in February

The personal consumption expenditures price index rose 2.5% last month, in line with expectations. On a monthly basis, prices rose 0.3%, slightly below economists' estimates.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Key Fed Inflation Gauge and Consumer Spending in February

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