Business

US Inflation Stalls as Fed’s Preferred Gauge Shows Little Progress

Core inflation, which omits food and energy, came in higher than the consensus forecast.
US Inflation Stalls as Fed’s Preferred Gauge Shows Little Progress
People shop at a grocery store in New York City on March 12, 2025. Samira Bouaou/The Epoch Times
Andrew Moran
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Price pressures persisted in February as the core component of the Federal Reserve’s preferred inflation measure came in hotter than economists expected.

The Bureau of Economic Analysis reported that inflation in the February personal consumption expenditure (PCE) price index was unchanged at 2.5 percent.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."