Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War)
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Source: Zero Hedge
Published: 2026-04-09 22:45 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Military & Defence, Energy, Economy & Finance, Food & Agriculture, Business & Economy, War & Conflict
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Snippet:
The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%...
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