inflation, Fed
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The PCE price index, the Fed's preferred inflation gauge, rose 4.1%, its highest reading since 2023. Spending held up despite the inflationary backdrop
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.
May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise 0.4% month-over-month and 4.1% year-over-year Core PCE, which excludes food and energy prices,
The PCE inflation data raises questions for homebuyers. Will high inflation increase mortgage rates, or will low oil prices save the day?
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.4% year-over-year in May, matching the forecast.
The US PCE price index rose 4.1% YoY in May 2026, up from 3.8% in April, hitting the highest level since April 2023. Here's what it means for crypto.
The annual pace of core inflation was a bit stronger than expected last month after removing volatile energy and food prices from the calculation. Core PCE prices advanced 0.3% on the month in May. Compared to a year ago,
The Dallas Fed trimmed mean PCE inflation over the past 12 months has stayed within 2.3%-2.4% since December 2025. The six-month PCE inflation, at an annual rate, however, increased to 2.5% in May from 2.3% in April and 2.1% in December, the bank said.
