Sign Up
Stories
Fed Inflation Gauge Slips: February Update
Share
Australia's Inflation Below Forecast
Australia's Inflation Decline Triggers R...
CPI Inflation Report Predictions
Bank of Canada Expects Inflation to Ease...
Cooling Inflation Trend
Easing Inflation and the Fed's Response
Overview
API
The NY Fed's inflation gauge dropped to 2.9% from 3% in February, signaling reduced inflationary pressures. This decline follows a trend from a peak of 5.43% in June 2022. Concurrently, the government's personal consumption expenditures price index rose by 2.5%, with the core PCE price index at 2.8% in February.
Ask a question
How might the Federal Reserve react to this easing inflation trend?
In what ways could this inflation data impact consumer behavior and economic policies?
What factors could contribute to the sustained moderation of inflation pressure?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Jan 2024
Feb 2024
Mar 2024
Coverage