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The headline index was up 2.3% year-over-year, as expected.
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
In the 12 months through May, PCE inflation increased 2.3% after climbing 2.2% in April. Stripping out the volatile food and ...
Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
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The US’s headline personal consumption expenditures inflation index for May rose at an annual rate of 2.3 per cent, in line with consensus expectations and slightly above April’s 2.2 per cent rise. On ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
The Commerce Department released its PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.
The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's ...