Federal Reserve Messenger: Core PCE Price Index may only rise 0.08% in March

According to BlockBeats, on April 30th, Nick Timiraos, the spokesperson for the Federal Reserve, stated that the PCE price index is expected to show a core price increase of only 0.08% in March, based on an analysis model that maps CPI (Consumer Price Index), PPI (Producer Price Index), and import prices to PCE. In addition, the overall prices for March are expected to remain relatively stable, with a slight decrease of 0.01%.