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Recent inflation data was 'bad news,' Fed's Goolsbee says
The Personal Consumption Expenditures price index, the central bank's preferred inflation measure, rose at a 3.5% annual rate in March.
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upi.com
PCE: Fed's choice inflation gauge rises to 3.2% for March - UPI.com
The personal consumption expenditures index increased by 3.5% on an annual basis in March, the highest rate of inflation since 2023, the BEA reports.
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cnbc.com
Recent inflation data was 'bad news': Chicago Fed's Goolsbee
The Chicago Federal Reserve president said inflation is rising even in service industries.
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Recent inflation data was 'bad news,' Fed's Goolsbee says
The Personal Consumption Expenditures price index, the central bank's preferred inflation measure, rose at a 3.5% annual rate in March.