U.S. inflation rate surges to 6.6%, PCE index shows, but prices might also be peaking - MarketWatch


4/29/2022 12:00:00 AM3 yearsago
by Jeffry Bartash

PCE climbs 0.9%, but core rate increase just 0.3% for second month in a row

The numbers: The Federal Reserves preferred measure of inflation rose a sharp 0.9% in March, but the increase largely stemmed from a surge in the cost of gas and there were some signs that intense pr… [+2328 chars]

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