Inflation in the US, as measured by the change in Personal Consumption Expenditures (PCE) Price Index, rose to 2.7% on a yearly basis in March from 2.5% in February, the US Bureau of Economic Analysis reported on Friday. This reading came in above the market expectation of 2.6%. The core PCE Price Index, which excludes volatile food and energy prices, held steady at 2.8% on a yearly basis, surpassing analysts' estimate of 2.6%. fxstreet.com/news/us-core-pce-...

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments