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Trump gets lifeline as US PCE inflation rises in line with expectations
International
Published on 30 April 2026
March inflation held steady despite plummeting approval
The US Commerce Department says the Personal Consumption Expenditures Price Index rose in line with market expectations in March. With inflation data coming in as forecast, the reading offers President Donald Trump a potential lift at a time when his approval ratings have reportedly fallen sharply. Traders and policymakers will now watch whether the trend persists.
- US March PCE inflation matched forecasts
- Personal Consumption Expenditures are closely tracked by markets
- Data could influence political and policy perceptions
- Next focus: whether inflation keeps steady
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times