US Core PCE Rises 0.3% as Inflation Pressures Persist

US Core PCE Rises 0.3% as Inflation Pressures Persist

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What pattern was observed in income and spending over the first quarter?

Flat January, strong February, weaker March

Weak January, strong February, flat March

Strong January, strong February, strong March

Strong January, weaker February, flat March

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'J Powell indicator' referring to?

PCE core including housing

Employment cost index

Headline inflation

PCE core excluding housing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the PCE core excluding housing change?

It increased significantly

It remained unchanged

It declined

It increased slightly

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the employment cost index measure?

Monthly inflation rates

Quarterly compensation, wages, and benefits

Monthly spending patterns

Annual GDP growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did compensation, wages, and benefits change in the first quarter compared to the fourth quarter?

They decreased

They remained the same

They increased slightly

They increased significantly