Inflation
Inflation’s Stubborn Streak: 0.4% Core PCE Jump Shakes Market Confidence in Spring Rate Cuts
The Federal Reserve’s preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) price index, delivered a sobering message to Wall Street this past Friday. Data released on March 13, 2026, revealed that core prices rose by 0.4% in January, a figure that matched the previous month’s high