The Federal Reserve's favorite inflation indicator remains high, and lowering interest rates in the coming months may be hindered Odaily Planet Daily News: Shortly before the outbreak of the Iran War, the Federal Reserve's most favored inflation indicator maintained a stable and rapid growth rate, highlighting the challenges it faces in trying to curb stubborn price pressures. The core PCE price index in the United States recorded an annual rate of 3.0% in February, the final value of the annualized quarterly rate of real GDP in the fourth quarter of the United States recorded 0.5%, and the number of initial jobless claims in the week ending April 4th recorded 219000. After the release of this series of economic data, the market reaction was flat. The Federal Reserve regards the PCE index as the most accurate barometer of inflation trends in the United States. The latest data shows that the inflation rate is still far from the Federal Reserve's 2% target, and due to the soaring oil prices, the inflation rate may further rise in the short term. The sustained high inflation will also hinder the Federal Reserve from lowering interest rates at least in the coming months. (Golden Ten)