Fed’s Favorite Inflation Measure Holds Firm Ahead of Key CPI Report

During the calm before a potential inflation storm, economists’ eyes were focused ahead on March’s PCE readings.

Shoppers at a grocery store in Centreville, Va., on Nov. 2, 2025. Madalina Kilroy/The Epoch Times

The Federal Reserve’s preferred inflation gauge held steady before the war in Iran.

Inflation in the annual personal consumption expenditures (PCE) price index was unchanged in February at 2.8 percent, according to new data from the Bureau of Economic Analysis released on April 9.