Macro
PCE Inflation at 4.5%, Largest Quarterly Acceleration in Years
Q1 2026 PCE deflator surged from Q4's 2.9% to 4.5%, more than double the Federal Reserve's 2% target. Quarterly acceleration marks the largest in years.
Primary sources · 1
Q1 2026 PCE deflator surged from Q4's 2.9% to 4.5%, more than double the Federal Reserve's 2% target. Quarterly acceleration marks the largest in years.
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