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 ...
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 ...
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 ...
U.S. News & World Report

Exclusive-Fed's Musalem Says Oil Shock Likely to Keep Core Inflation Near 3%, Rates on Hold for Some Time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised

One of the Fed chair's favorite inflation measures came in cool again, offering evidence for his belief inflation is improving and against the view of a growing number of other policymakers ‌that ...