Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

Inflation topped 4% in May, but the worst may be over

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...
Opinion

The 4.2% inflation rate is a bummer, but the worst might be over

Lower gasoline prices and fading tariff effects are likely to nudge U.S. inflation lower by the end of 2026.

Core PCE inflation rises in line with consensus in May; personal income, spending exceed expectations

M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
CNBC

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

Core PCE prices in April rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3%, the Commerce Department reported Thursday. While the annual rates were in line with ...
WSHU news

Inflation is up. Americans explain how it's affecting them

Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...

Market Outlook: Bank of Canada urged to simplify inflation messaging

Tony Stillo discusses the Bank of Canada's inflation messaging, interest-rate outlook and the economic risks from trade and ...

The Fed's New Leader Thinks Inflation Could Use a Trim

Fed Chair Kevin Warsh favors a new measure of inflation for the Federal Reserve. Changing the benchmark could shift monetary policy.