Inflation barely rises, PCE shows, but core rate is still ‘sticky’

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The numbers: The cost of goods and services rose a scant 0.1% in March and the yearly rate of inflation slowed again in response to higher interest rates and a cooler economy. But inflation is still sticky by another key measure.

The increase in the personal-consumption-expenditures index matched the Wall Street forecast. The PCE index is the Federal Reserve’s preferred inflation barometer.

The…

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