US Economy: Core PCE Rises 0.3% in March

The core personal consumption expenditures price index, the Federal Reserve’s preferred gauge of underlying inflation, rose 0.3% in March, reinforcing concerns of persistent price pressures. Michael McKee breaks down the numbers on Bloomberg Television.
--------
More on Bloomberg Television and Markets


Connect with Bloomberg Television on:

Connect with Bloomberg Business on:

More from Bloomberg:


Watch more on YouTube:

[visheshsarbhai]

Annualized inflation is heading to 4% 😮

[nickvin]

Wait until it is revised and it is closer to 1%.

[jaym]

It's only 0.3%. I feel so much better now.

[JohnReynolds-nilv]

If you even believe any government metric…

[praveenspike]

So why is the credit card debit so high if they are receiving higher wages? This question was asked to the chief treasurer in the UK, you guys should see her response it was hilarious.

[juanrestrepo]

2.8% PCE Inflation isnt bad - 2018 saw cumulative inflation at 2.5% and the world didn't end then.

[acornsucks]

Government/democrap borrow and spend moves forward.

[JayTalksinjury]

1 lb of fat = 2400 calories which means an extra lb of bodyweight every 5 days over a unprocessed diet ... Then you see how 80 % are overweight !

[Mehmed]

Maybe when you come off the sugar rush trillion dollars every 100 days, you will see the deflation.

[allenaxp]

Greatest economy, Inflation not in check yet. Need to raise the min wage to 16 dollars so we are back to 1968 buying power for people at the lower end can catch up with everyone else. Vote Blue up and down the ballot to keep our My 401k and IRA' s are at all time highs. This economy is really working for me...l.