Inflation
Inflation’s Stubborn Shadow: Core PCE Climbs to 3.0% as Divergence from CPI Clouds Fed Rate Path
The financial markets were jolted this week as the Federal Reserve’s preferred inflation metric, the Core Personal Consumption Expenditures (PCE) price index, unexpectedly climbed to 3.0% on an annualized basis. This surge in "early 2026" data marks a stark departure from the Consumer Price Index (CPI)