Powell signals March PCE inflation at 3.5% with little unemployment change; inflation expectations rise amid high uncertainty and recent increases, with energy prices likely boosting short-term inflation.Abstract: Federal Reserve Chair Jerome Powell indicated that the March personal consumption expenditures price index is projected to rise at an annual rate of 3.5 percent, with little change in the unemployment rate. He noted rising inflation expectations and a highly uncertain economic outlook. Recent inflation gains and higher energy prices are expected to lift short-term inflation further.

AirdropBlackHole

2026-04-29 19:45:32

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On April 30, Federal Reserve Chairman Powell stated that the PCE inflation rate for March is expected to be 3.5%, with little change in the unemployment rate. Recent inflation expectations have risen. The economic outlook remains highly uncertain. Inflation has increased recently and is at a high level. Rising energy prices will push up short-term inflation.

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Powell: Recent Rise in Inflation Expectations and Inflation

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