Economy Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

[Zincwarrior]

Inflation up, consumer spending down. I don't think this is what Americans voted for in November.

https://www.cnbc.com/2025/03/28/pce-inflation-february-2025-.html

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller than projected increase, the Commerce Department reported Friday.

The core personal consumption expenditures price index showed a 0.4% increase for the month, putting the 12-month inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for respective numbers of 0.3% and and 2.7%.

Core inflation excludes volatile food and energy prices and is generally considered a better indicator of long-term inflation trends.

In the all-items measure, the price index rose 0.3% on the month and 2.5% from a year ago, both in line with forecasts.

At the same time, the Bureau of Economic Analysis report showed that consumer spending accelerated 0.4% for the month, below the 0.5% forecast. That came as personal income posted a 0.8% rise, against the estimate for 0.4%.

 

[JimH52]

Inflation up, consumer spending down. I don't think this is what Americans voted for in November.

https://www.cnbc.com/2025/03/28/pce-inflation-february-2025-.html

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller than projected increase, the Commerce Department reported Friday.

The core personal consumption expenditures price index showed a 0.4% increase for the month, putting the 12-month inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for respective numbers of 0.3% and and 2.7%.

Core inflation excludes volatile food and energy prices and is generally considered a better indicator of long-term inflation trends.

In the all-items measure, the price index rose 0.3% on the month and 2.5% from a year ago, both in line with forecasts.

At the same time, the Bureau of Economic Analysis report showed that consumer spending accelerated 0.4% for the month, below the 0.5% forecast. That came as personal income posted a 0.8% rise, against the estimate for 0.4%.

No they didn't. The economy that trump was given was the best post-pandemic economy is the world. He has screwed that up in less than six months. Who the F__K is surprised. He screws everything he touches and whoever he touches up. Just as Rudy and the Pillow Guy. AND THE ECONOMY IS GOING TO GET MUCH WORSE WITH HIS INSANE TARIFFS.

 

[C_Clayton_Jones]

Inflation up, consumer spending down. I don't think this is what Americans voted for in November.

Illustrating the stupidity of Trump voters.

 

[1srelluc]

Pretty darn good if you ask me.

I'm glad folks are spending a bit less. Maybe they can pay down those credit cards they had to run-up when FJB was in office.

 

[Dont Taz Me Bro]

Trump is tanking the stock market and screwing up our economy due to all the tariffs and uncertainty coming from his administration. The market was fairly stable under Biden. Now it's a new calamity almost daily.