Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.

# Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2% Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/30/pce-inflation-rate-march-2026.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*