Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed ...

Tariffs drove the bulk of core goods inflation, added 0.8% to core PCE, a Fed study finds

Tariffs imposed through November 2025 can explain the full increase in core goods inflation relative to historical norms and ...
Seeking Alpha

6-Month Core PCE Inflation (Still Before Iran War) Jumps By Most Since June 2024. The Fed Needs To Pay Attention

The Fed-favored inflation measure, the PCE price index, which includes food and energy, jumped by 0.38% in February from January (+4.6% annualized), the biggest jump in a year. Year-over-year, the PCE ...
U.S. News & World Report

Exclusive-Fed's Musalem Says Oil Shock Likely to Keep Core Inflation Near 3%, Rates on Hold for Some Time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.
Reuters

Fed will need to explain why current inflation jump differs from 2022 surge

WASHINGTON, April 10 (Reuters) - When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other items, Federal Reserve ...