Fed's favored inflation gauge remained elevated in February, delayed report shows 14.8%
Fox Business - By Eric Revell - 4/9/2026, 12:34 PM
Framing Effect 20% - Recency Bias 16.2% - Status Quo Bias 12.8%
This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth. The Commerce Department on Thursday reported that the personal consumption expenditures (PCE)... more