Rewrite this article into a series of questions and answers. Simplify vocabulary *when it makes sense to do so.*

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely.

The personal consumption expenditures price index, which measures a variety of goods and services and adjusts for changes in consumer behavior, rose 0.4% for the month excluding food and energy costs, higher than the 0.3% Dow Jones estimate.

On an annual basis, the gauge increased 4.7%, 0.1 percentage point higher than expected, the Commerce Department reported.

Including food and energy, headline PCE also rose 0.4% and was up 4.4% from a year ago, higher than the 4.2% rate in March.

Despite the higher inflation rate, consumer spending held up well as personal income increased.

The report showed that spending jumped 0.8% for the month, while personal income accelerated 0.4%. Both numbers were expected to increase 0.4%.

Price increases were spread almost evenly, with goods rising 0.3% and services up 0.4%. Food prices fell less than 0.1% while energy prices increased 0.7%. On an annual basis, goods prices increased 2.1% and services rose by 5.5%, a further indication that the U.S. was tilting back toward a services-focused economy.

Food prices rose 6.9% from a year ago while energy fell 6.3%. Both monthly PCE gains were the most since January.

Markets reacted little to the news, with stock market futures pointing higher as investors focused on improving prospects for a debt ceiling deal in Washington. Treasury yields were mostly higher.
Question: What did a report released on Friday by the Federal Reserve indicate about inflation?
Answer: Inflation persisted through April according to a measure the Federal Reserve regularly uses and follows closely.

Question: Which index showed high inflation persisting as compared to the Dow Jones estimates? 
Answer: The personal consumption expenditures price index (PCE), which excludes food and energy, rose 0.4% during April and exceeded the Dow Jones estimate of 0.3%. 

Question: Did the PCE increase for the year and from March, the previous month? 
Answer: The Commerce Department reported that the PCE was up on an annual basis by 4.7% and was higher than the rate of 4.2% in March.

Question: Did the higher inflation rate affect consumer spending? 
Answer: Increases in personal income kept consumer spending up despite the inflation rate. Personal income increased 0.4% while spending increased by 0.8%. 

Question: What shifts occurred in prices during April? 
Answer: Price increases for goods rose by 0.3% while services increased by 0.4%. Food prices fell by less than 0.1% and energy costs increased by 0.7%. A further indication that the U.S. economy is shifting back to a service economy was suggested by the 5.5% annual increase in the cost of services while goods increased by 2.1%. 

Question: Did the markets shift based on the report? 
Answer: Generally, the markets did not react to the news, but rather focused on the news of a potential debt ceiling deal out of Washington, with stock market futures and treasury yields mostly higher. 

