Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)

Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War) The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%... Source: Bloomberg The YoY Core decline is coming off January's highest level since March 2...