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Walter Bloomberg, financial news account at X (Twitter) Account, reports that the U.S. March PCE price index increased by 0.7% month over month, matching estimates. The year-over-year rise was 3.5%, also in line with projections.
The U.S. March core PCE price index rose 0.3% month over month and 3.2% year over year, both figures aligning with market expectations.
Walter Bloomberg has previously tracked other consequential market developments. He reported a decline in NVIDIA, Microsoft, and Advanced Micro Devices shares after OpenAI missed targets. In separate coverage, a poll cited by Bloomberg projected gold prices to average $4,916 per ounce in 2026 and $5,100 in 2027.