US PCE inflation hits 4.1%, core inflation rate comes at 3.4%

US inflation accelerated further in May, with a key measure of price pressures climbing above 4% for the first time in more ...

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.

Core Inflation Ticks Up Again, Hitting 3.4% in May

The annual pace of core inflation was a bit stronger than expected last month after removing volatile energy and food prices ...

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 ...

May US PCE inflation tops 4%, leaves Fed hike on the table

By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...

Core PCE Inflation At 3.4% In May, Highest Level Since 2023

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.4% year-over-year in May, matching the ...
24/7 Wall St.

Core Inflation Just Hit a 3-Year High. For One Retired Couple, the Frozen Tax Thresholds Turn That Into a Stealth Tax Increase.

The couple is both around 70, retired, drawing most of their income from Social Security with modest withdrawals from a ...

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

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Economists Lift US Core Inflation Forecasts, See Fed on Hold

Economists raised their forecasts for a key gauge of US inflation this year and boosted estimates for job creation, scrapping ...