In the 12 months through March, PCE inflation shot up 3.5%, the biggest rise since May 2023 and above the Fed’s 2% target.
Meta CEO attributes layoffs plan to capex, won’t rule out further job cuts
...
Read moreDetailsHome » Feds preferred inflation gauge hits 3-year high as gas prices spiked on Iran war
In the 12 months through March, PCE inflation shot up 3.5%, the biggest rise since May 2023 and above the Fed’s 2% target.
...
Read moreDetails