BREAKING:
February PCE inflation, the Fed's preferred inflation measure, was 2.5%, in-line with expectations of 2.5%.
Core PCE inflation RISES to 2.8%, above expectations of 2.7%.
January Core PCE inflation was also revised up to 2.7%.
Core inflation is back on the rise
https://x.com/KobeissiLetter/status/1905598531420725486
...market reacts slightly negatively, Gold and AUD muted response.
