US Inflation ticked higher last month, reversing some recent progress ...Middle East

By Elisabeth Buchwald, CNN New York (CNN) — The latest US inflation report was a mixed bag for the Federal Reserve. The central bank’s preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months that ended in February, a faster pace than January’s 2.4% rise in prices. The Commerce Department data released Friday means the Fed is even further from achieving its goal of 2% inflation. Central bankers will likely take some solace in the core PCE index that excludes energy and food. That index slowed slightly to 2.8% from the 2.9% annual rate seen in January. And, on a monthly basis, it slowed to 0.3% from 0.5% in January. Another bright

Hence then, the article about us inflation ticked higher last month reversing some recent progress was published today ( Friday 29/03/2024 - 04:02 PM ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US Inflation ticked higher last month, reversing some recent progress )

Last updated : 29 March 2024 clock 04:02 PM

Also on site :

US Inflation ticked higher last month, reversing some recent progress ...Middle East

She’s back! After year of recovery, Mitty’s McKenna Woliczko returns to court with double-double in win over Clovis

Mets Predicted to Steal Starting Pitcher From Rival Phillies

5 Most Highly Anticipated Country Albums to Arrive in 2026

Alexandria Real Estate Equities Securities Fraud Class Action Result of Financial Issues and Approximately 19% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

TN shocker: Man, live-in partner charred to death as group locks hut, sets it on fire

Tommy Lee Jones and Family Release Statement After Daughter Victoria’s Death

Mizzou is ‘only school to watch’ in Austin Simmons pursuit, per report

Family searching for dog lost from west suburban boarding facility

Inside China’s six-decade campaign to dominate rare earths

Dua Lipa Stuns in a Silver Naked Dress to Ring in 2026: 'The Best One Yet'

Open carry ‘part of nation’s history,’ judge writes in declaring California ban unconstitutional

Man Told Texas Cops He Killed His Wife So He Could Start a 'New Life' With GF

Blue Jays Tabbed & 039;One of Most Aggressive Teams& 039; for Star Infielder

Will The Imai Signing Spur An Astros Trade?

Who Went Home on 'RuPaul's Drag Race' Season 18 Tonight? See Who Was Eliminated in the Premiere