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The headline index was up 2.3% year-over-year, as expected.
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.
The U.S. Commerce Department said on Friday its Personal Consumption Expenditures Price Index gained 0.1% in May, matching ...
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 ...
Tariff-related uncertainty is clouding the Federal Reserve's path forward, even as today's inflation data gives mixed signals ...
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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.
Key Takeaways Forecasters expect inflation to accelerate in the second half of the year as President Donald Trump's tariffs work their way through the supply chain and into stores.One survey found ...
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%.