Two Measures of Inflation: February 2025

Published on March 31, 2025

The BEA's core Personal Consumption Expenditures (PCE) Price Index for February showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.8%. The February core Consumer Price Index (CPI) release was higher, at 3.1%. The Fed is on record as using core PCE data as its primary inflation gauge.

Continue reading on website
Other news

Chicago PMI Hits Highest Level Since November 2023

March 31, 2025
The Chicago Purchasing Managers’ Index (Chicago Business Barometer) rose for a third straight month in March, reaching its highest level since November 2023. The index increased to 47.6 from 45.5 in February, surpassing the 45.5forecast. The latest reading marks the 16th consecutive month the index has contracted.

Former Schwab CEO Joins Focus Owner CD&R As Senior Advisor

March 31, 2025
Walt Bettinger will also remain a co-chair of Schwab’s board of directors while taking on a role at the private equity firm. Last month, former Schwab CFO Peter Crawford also joined CD&R.