‎ر ♦️The Personal Consumption Expenditures Price Index in March 2025 remained unchanged from February, at the lowest reading in 10 months, following a rise of 0.4% in both of the previous months, in line with expectations.

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📌 Goods prices fell by 0.5%

📌 Services prices rose by 0.2%

📌 Core index (excluding food and energy): unchanged

📌 Food prices rose by 0.5%

📌 Energy prices fell by 2.7%

♦️Year-on-year:

📌 The personal consumption expenditures rate fell to 2.3%, the lowest in 5 months

📌 The core inflation rate for annual personal consumption expenditures fell to 2.6

The annual personal consumption expenditures fell to 2.6

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Does this mean that a rate cut from the Federal Reserve is approaching?