Core PCE Inflation Rises 2.8% in February, Higher Than Expected

Published on March 31, 2025

The BEA's Personal Income and Outlays report showed inflation remained elevated at the start of 2025. The Fed’s preferred inflation gauge, the core PCE price index, rose 2.8% year-over-year in February and 0.4% from December. Both readings were higher than expected.

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The Housing Market Will Have Some Bargains This Spring

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