US Core PCE Rises 0.3% as Inflation Pressures Persist

US Core PCE Rises 0.3% as Inflation Pressures Persist

US inflation pressures persisted in March as the personal consumption expenditures price index excluding food and energy, the Fed's preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year earlier. Michael McKee breaks down the numbers on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter:   / business   Facebook:   / bloombergbusiness   Instagram: https://www.instagram.com/quicktake/?...