🔥The PCE index, which the Federal Reserve targets, rose 0.4% in Feb, up a tick from the 0.3% pace in Jan. That translates to 2.8% y/y, which is same as Feb.
Measured of momentum accelerated. The 3 & 6-month annualized pace moved up, to 4.1% & 3.4 from 3.5% & 3.2% in Jan.
9 days ago