US core inflation runs hot in February as consumer spending rebounds
Portfolio Pulse from
The US economy showed mixed signals in February, with consumer spending rebounding while core inflation remained elevated at 2.5%. The Personal Consumption Expenditures (PCE) price index increased 0.3% for the month, potentially delaying the Federal Reserve's plans for interest rate cuts.
March 28, 2025 | 5:00 pm
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NEUTRAL IMPACT
S&P 500 ETF may experience volatility due to ongoing inflation concerns and potential delays in Federal Reserve interest rate cuts.
Higher-than-expected inflation could slow down potential rate cuts, creating market uncertainty and potentially leading to sideways or slightly negative market movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 80