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Mon, Mar 31, 2025 • 3:41 PM
On Friday, the core personal consumption expenditures price index, a key Fed inflation measure, rose to 2.8% in February year-over-year, higher than the expected 2.7%, with a monthly increase of 0.4%, marking the largest gain since January 2024. Consumer spending also grew by 0.4%, though slightly below the 0.5% forecast, while personal income surged 0.8%, doubling expectations.
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