Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on ...

The personal consumption expenditures price index rose 0.1% for the month, pushing the annual inflation rate to 2.3%, according to the Bureau of Economic Analysis.

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.

The Federal Reserve’s preferred inflation gauge, the core personal consumption expenditure (“PCE”) price index, comes out on Friday. While the month-over-month increase for both core and headline PCE ...

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

Investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this year.

The Fed uses core PCE inflation to assess whether prices are increasing at its target rate of 2% a year. ... The Fed's Preferred Inflation Gauge Was Higher Than Expected In May.

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target. Fox Business. Personal Finance.

While both indexes are much lower than they were at their peaks (7.1% PCE inflation in June 2022, 5.6% for core in February 2022), they also remain stuck above the Fed’s 2% target.

The Federal Reserve's key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts after dismal economic reports earlier this month.

The Fed’s Preferred Inflation Gauge Cooled in August Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is ...

The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.