Federal Reserve’s Preferred Inflation Gauge Slows in March

Goods inflation falls while prices for services tick up slightly in March.

People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times

The Federal Reserve’s preferred inflation measure slowed sharply in March, spotlighting the further stabilization of inflation in the first three months of 2025.

According to the Bureau of Economic Analysis, the headline annual personal consumption expenditure (PCE) price index eased to 2.3 percent, down from an upwardly revised 2.7 percent in February.