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.
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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.

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