US Core PCE Price Index YoY (Feb) Y/Y 3.0% vs. Exp. 3% (Prev. 3.1%)
The core PCE Price Index aligning with expectations at 3.0% year-over-year suggests a stabilization in inflation, despite a slight dip from the previous month's reading.
US President Trump on Truth posts "None of these people, including our own, very disappointing NATO, understood anything unless they have pressure placed upon them!!!"
Brazil Energy Minister says government is to appeal a ruling suspending crude export tax
US Core PCE Price Index YoY (Feb) Y/Y 3.0% vs. Exp. 3% (Prev. 3.1%)
US Personal Spending MoM (Feb) M/M 0.4% vs. Exp. 0.5% (Prev. 0.4%)
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This consistency indicates that inflationary pressures are not intensifying, which may impact the Fed's stance on monetary policy moving forward, keeping interest rate paths steady in the short term.
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