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 ...

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 PCE inflation rises in line with consensus in May; personal income, spending exceed expectations

M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
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Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter

The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Seeking Alpha

Core CPI expected to see renewed goods strength in December, but softer shelter inflation

December's Consumer Price Index comes out on Tuesday, giving markets and economists fresh data on how hot inflation is running. While the December data makes progress in clearing up the fog that ...
Opinion

Rare US core inflation 'wedge' a headache for Warsh's Fed

A gap is widening between two key measures of underlying U.S. inflation. Unfortunately for newly confirmed Federal Reserve Chair Kevin Warsh, the one rising faster is the central bank's preferred ...
U.S. News & World Report

Fed Will Need to Explain Why Current Inflation Jump Differs From 2022 Surge

WASHINGTON, April 10 (Reuters) - When surging U.S. inflation peaked in June of 2022, driven by rising ⁠prices ⁠for energy but also for food, shelter, vehicles, and a host ⁠of other items, Federal ...