Key Inflation Measure Slowed To Multiyear Low In March—But Tariff Bump On The Horizon
1. PCE index rose 2.3%, slightly above forecasts of 2.2%. 2. Core PCE inflation remains above the Fed's 2% goal since early 2021. 3. Economic contracted 0.3% in Q1 2025, signaling recession concerns. 4. Trump's tariffs may influence future inflation rates. 5. Only 9% odds of a Fed rate cut at upcoming meeting.