US Inflation Seen Spiking in First Snapshot Since Iran War


A day ahead of the CPI, the Federal Reserve’s preferred gauge of inflation will offer a snapshot of pre-war price pressures. Economists see the so-called core personal consumption expenditures (PCE) price index, which excludes food and energy, having risen by 0.4% for a third month in February, suggesting progress toward tamer inflation was stalling even before the conflict.



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