March Sees Key Fed Inflation Gauge Surging 2.8% Year-on-Year, Exceeding Expectations
The latest inflation data released by the Commerce Department for March has once again captured the attention of economists, investors, and policymakers alike. With the core personal consumption expenditures (PCE) price index, a key gauge closely monitored by the Federal Reserve, surging 2.8% year-on-year, concerns over rising price pressures are mounting. Inflationary pressures have been […]