"Inflation Gauge Calms Nerves as Wholesale Prices Rise Less Than Expected"

TL;DR Summary
The Federal Reserve's preferred inflation gauge, the core personal consumption expenditures price index, is expected to show a softer increase in March, calming some nerves after a recent report on consumer prices caused market turbulence.
Topics:business#consumer-prices#core-pce-price-index#federal-reserve#financeeconomy#financial-markets#inflation
- Fed's Main Inflation Gauge Set to 'Calm Some Nerves' After CPI Bloomberg
- Stock market today: Tech leads rebound after mixed inflation data Yahoo Finance
- Tamer wholesale costs offer ray of hope on inflation, but prices are still headed in the wrong direction MarketWatch
- Wholesale prices rose 0.2% in March, less than expected CNBC
- With inflation back up, the long-predicted storm clouds in the economy may actually be forming CNN
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
0 min
vs 1 min read
Condensed
39%
57 → 35 words
Want the full story? Read the original article
Read on Bloomberg