US Core PCE inflation at 2.8% YoY backs the Fed’s case of higher-for-longer

https://www.fxstreet.com/news/us-core-pce-inflation-set-to-ease-in-february-on-month-as-federal-reserve-rate-cut-bets-for-june-mount-202403290600
The core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT…