Key Fed Inflation Gauge Rises in Line with Expectations

Friday, 29 March 2024, 21:29

The latest report reveals that the Federal Reserve's crucial inflation gauge increased by 2.8% annually in February, meeting expectations. CNBC's Morgan Brennan, Steve Liesman, and Rick Santelli analyze the significant personal consumption expenditure data release, while KPMG Chief Economist Diane Swonk provides valuable insights on its implications for the Fed and the U.S. economy.
https://store.livarava.com/2de716df-ee35-11ee-8911-87cc5c87fb08.jpg
Key Fed Inflation Gauge Rises in Line with Expectations

Fed's Key Inflation Gauge Up 2.8% in February

The Federal Reserve's essential inflation indicator showed a 2.8% yearly increase in February, as projected.

Expert Analysis on PCE Data

  • CNBC's Morgan Brennan, Steve Liesman, and Rick Santelli dissect the latest personal consumption expenditure figures.
  • KPMG Chief Economist Diane Swonk offers her perspective on the ramifications for both the Federal Reserve and the U.S. economy.

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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe