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Key Federal Reserve Inflation Gauge , Rose 2.8% in March.<br/>According to Commerce Department <br/>data released on April 26.<br/>the personal consumption expenditures <br/>(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .<br/>That exceeded Dow Jones <br/>estimates of 2.7%, CNBC reports. .<br/>When also accounting for food and energy, the all-items PCE measure rose 2.7%, <br/>which was above the 2.6% estimate.<br/>Inflation reports released this morning <br/>were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>... but investors should not get <br/>overly anchored to the idea that <br/>inflation has been completely <br/>cured and the Fed will be cutting <br/>interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>The prospects of rate cuts remain, <br/>but they are not assured, and the <br/>Fed will likely need weakness in <br/>the labor market before they <br/>have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.<br/>Consumers continue to spend despite <br/>higher prices, CNBC reports.<br/>Personal spending increased 0.8% in March, while personal income rose 0.5%.<br/>The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.<br/>The Fed continues to target 2% inflation, which the core PCE has exceeded for <br/>the last three years, CNBC reports.

Key Federal Reserve Inflation Gauge Rose 2.8% in March

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Mr. Sinn

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There is a call for the government to hike taxes on fossil fuels to pay down the spiralling student HECS debt. Struggling students and graduates are about to be hit by a 4.8 percent hike on their loans thanks to indexation. All eyes are now on the may budget with Labor admitting it needs to do more to help young people saddled with a growing debt at the start of their working lives.

Calls grow to hike taxes on fossil fuels to pay down debt

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Jacob Clifford

CPI and Inflation- Macro 2.4

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Think Econ

How to Calculate the Inflation Rate Using CPI | Think Econ

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The so-called Filipino resilience undergoes a stress test as scorching weather hits the country with elevated heat index levels. It typically soars during the Philippines’ warm and dry season from March to May.<br/><br/>Full story: https://www.rappler.com/philippines/photos-filipinos-find-ways-cope-scorching-heat-2024/

Filipinos find ways to cope with scorching heat

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Economics Help UK

Is the Real Inflation Rate Actually Much Higher?

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SouthFloridaState

Calculate Inflation Rate

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Hopes of an interest rate cut this year have been dampened after worse than expected inflation figures. And in news no borrower wants to hear some experts are now discussing the prospect of a possible rate hike. It piles more pressure on the treasurer and his upcoming budget as more households struggle to balance their own.

Annual inflation drops to 3.6% in the March quarter

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Rakesha Kissoon

How To Calculate Inflation

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MumblingProfessor

How To Adjust for Inflation (Updated)

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