WASHINGTON, June 29 (Reuters) - The May data for the U.S. Personal Consumption Expenditures Price Index, excluding food and energy, could be revised lower when the government implements methodological ...

Inflation surged to its highest level in over three years in May as the headline Consumer Price Index reached 4.2% year-over-year. On a monthly basis, consumer prices rose 0.5%, as expected. The spike ...

Core inflation, which excludes the food and energy components hard-hit by the latest oil shock, rose moderately in May, but was unable to completely escape the effects of the ongoing conflict. Core ...

May PPI surged to 6.5%, but core PPI missed expectations at 4.9%, suggesting energy drove the spike rather than broad-based inflation. The Fed faces a tough choice: hike rates and risk slower growth, ...

Dallas Fed's trimmed mean inflation measure may currently understate true price pressures Core PCE inflation rose 3.3% year-over-year, fastest since 2023, per Commerce Department Warsh has said he ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

T he war against Iran that America and Israel launched four months ago caused a surge in oil prices, which many feared would reignite inflation. On June 25th America’s Bureau of ...

Bullard flagged core inflation exceeding 3% as a credibility threat to the Fed's 2% target, making late 2026 rate hikes inevitable. Bullard rejected the one-and-done hike consensus, arguing the Fed ...