Forbes
Topline Inflation moderated as expected in March, according to data released Wednesday morning, with President Donald Trump’s tariffs looming large as many economists expect the trade policy to complicate the slow burning descent toward historically palatable inflation. Key Facts The Commerce Department’s personal consumption expenditures (PCE) index rose 2.3% from March 2024 through last month
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Core PCE Inflation Slows To 4-Year Low-But Tariff Bump Lurks
Topline Inflation moderated as expected in March, according to data released Wednesday morning, with President Donald Trump’s tariffs looming large as many economists expect the trade policy to complicate the slow burning descent toward historically palatable inflation. Key Facts The Commerce Department’s personal consumption expenditures (PCE) index rose 2.3% from March 2024 through last month