February PCE price index up 0.2 percent from January and 1.8 percent year-on-year

The PCE price index, used as a favored marker of inflation by the Federal Reserve, rose 0.2 percent from January and 1.8 percent year-on-year. Excluding food and energy, the PCE price index increased 0.2 percent from January and 1.6 percent year-on-year.

READ MORE