Breaking: US annual Core PCE inflation declines to 4.6% in March vs. 4.5% expected – by FXstreetNews Breaking Inflation UnitedStates Macroeconomics
The annual Core PCE Price Index, the Federal Reserve's preferred gauge of inflation, edged lower to 4.6% from 4.7% in the same period, compared to analysts'of 4.5%. On a monthly basis, Core PCE inflation and PCE inflation rose 0.3% and 0.1%, respectively.
Further details of the report showed that Personal Spending remained unchanged in March while Personal Income increased by 0.3%.The US Dollar continues to outperform its rivals after this data and the US Dollar Index was last seen rising 0.55% on the day at 102.05.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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