PCE inflation accelerates in March. What it means for Fed rate cuts

By: A key inflation measure rose sharply in March, further dampening hopes that the Federal Reserve will soon cut interest rates.An underlying gauge of price increases stayed elevated. And household spending increased dramatically again, possibly keeping inflation higher for longer.Consumer prices overall increased 2.7% from a year earlier, above February’s 2.5% rise but well below…

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Jobs, Wages, Mass Immigration, Full And Part-Time Workers, Unemployment, Prime-Age Participation Rate, And Multiple Jobholders

The BLS bases its employment and unemployment figures on the household survey data, which uses the population data from the Census Bureau. The BLS bases its employment and unemployment figures on the household survey data, which uses the population data from the Census Bureau. See the entire article on Arizona’s unemployment, or, read more Arizona…

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