News

Core PCE Inflation Rises 2.7% In May, Higher Than Expected
The headline index was up 2.3% year-over-year, as expected.
May PCE Inflation Comes In Slightly Above Forecasts
The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...
Fed’s preferred inflation gauge rose to 2.7% in May — hotter than anticipated
The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, ...
Despite Tariffs, Inflation Remained Low In May
The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...
VIEW US reports benign PCE inflation in May
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
Inflation Ticked Up to 2.4% in May, Driven by Rising Housing Costs
The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate ...
Inflation creeps higher in May and dims chances of the Fed cutting interest rates soon
The cost of living rose slowly in May for the third month in a row, but the rate of inflation is probably still too high for ...