US inflation remained elevated last month as consumer spending recovered

Inflation Remained Sticky Ahead of Trump’s Escalating Trade War

Americans hoping for some relief on inflation suffered a setback in February, as new data showed underlying price pressures intensifying even before the latest escalation in President Donald Trump’s trade war and consumers pulled back on spending.

February PCE: Services Spending Softens

Bankrate: A CFP’s 5-step plan to combat stubborn inflation

Inflation is like that houseguest who just won’t leave. Even though it has cooled since the peak of the COVID-19 pandemic, inflation is still hanging around 3% — higher than the Federal Reserve’s 2% goal. Read more...

US Fed's preferred inflation gauge shows some cause for concern

WASHINGTON, United States — The US Federal Reserve’s preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose. The personal consumption expenditures (PCE) price index rose 2.5 percent in the 12 months to February, the Commerce Department said in a statement,

Inflation Remained Elevated in February

The professional forecasters were right: inflation remained elevated in February. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at an annualized rate of 4.0 percent in February 2025, down from 4.1 percent in the prior month. PCEPI inflation has averaged 3.1 percent over the last six months and 2.5 percent over the last twelve months. Core inflation, which excludes v…

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday.