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In the 12 months through May, PCE inflation increased 2.3% after climbing 2.2% in April. Stripping out the volatile food and ...
The latest reading of the Federal Reserve's preferred inflation gauge showed price increases accelerated in May. The core ...
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...
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 ...
Economists expect the Fed's preferred inflation gauge to show a 2.3% annual rise in May, up from April's 2.1%, reflecting lingering price pressures.
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.
US core inflation rose slightly above forecasts in May, but declines in personal income and spending point to weakening ...
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and ...
The personal-consumption-expenditures price index rose by 2.3% in the 12 months through March, the Commerce Department said Wednesday, the coolest reading since last fall. Excluding highly ...
Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald ...
While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...