BlockBeats news, on April 30, “The Federal Reserve (FED) mouthpiece” Nick Timiraos stated that the PCE price index is expected to show that the core prices rose only by 0.08% in March, based on an analytical model that maps CPI (consumer price index), PPI (producer price index), and import prices to PCE. Furthermore, the overall prices for March are expected to remain flat, with a slight decrease of 0.01%.
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"The Federal Reserve (FED) Bullhorn": The core PCE price index in March may only pump by 0.08%
BlockBeats news, on April 30, “The Federal Reserve (FED) mouthpiece” Nick Timiraos stated that the PCE price index is expected to show that the core prices rose only by 0.08% in March, based on an analytical model that maps CPI (consumer price index), PPI (producer price index), and import prices to PCE. Furthermore, the overall prices for March are expected to remain flat, with a slight decrease of 0.01%.