The PCE price index rose 4.2% YoY core UP 4.6% the FED is not happy

Personal consumption expenditures (PCE) increased by $8.2 billion in the United States in February compared to the previous month, the Bureau of Economic Analysis said on Friday. Personal income grew by $67.9 billion or 0.3% on a monthly basis.  The PCE price index rose by 0.1% from February and 4.2% compared to March 2022. The PCE price index, excluding food and energy, also added 0.3% month-on-month and 4.6% annually. NN: Inflation is not dead. Inflation its not even wounded……