Core inflation data: Why 3.4% matters now
Headline US PCE deflator growth hit 0.4% M/M, marking the first outcome above 4% since April 2023 according to KBC Bank.
Headline US PCE deflator growth hit 0.4% M/M, marking the first outcome above 4% since April 2023 according to KBC Bank.
PCE deflator acceleration pushes inflation above 4%. Analyze core metrics and real income slips to forecast Fed rate decisions accurately.