The U.S. Bureau of Economic Analysis (BEA) announced that the U.S. core Personal Consumption Expenditures (PCE) price index rose 0.3% month-over-month in March. This figure meets the expert forecast of 0.3%. Year-over-year, it also rose 3.2%, meeting the expert forecast of 3.2%. The core PCE price index, which excludes volatile energy and food items, is considered by the Federal Reserve to be the most accurate inflation indicator.
