US: PCE remains stable in February, in line with market expectations.

THE Bureau of Economic Analysis (BEA), connected to Department of Commerce (DOC) from the United States, reported this Thursday (9) that the Consumer Personal Expenditures (PCE) Price Index The inflation rate remained stable in February, in line with market expectations. The 12-month accumulated rate of the indicator has remained at 2.8% since January, following the general expectation of stability. The core indicator, which excludes volatile items such as food and energy, showed inflation of 0.3% in February on a monthly basis, while, in the annual comparison, a decline of 0.2% was recorded. The PCE is one of the main indicators used by the Federal Reserve (Fed) in its monetary policy decisions.

This text was translated by machine from Brazilian Portuguese.