Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

Key inflation gauge worsens as Americans’ incomes and spending power erode

In addition to gasoline, prices for groceries, clothing and electricity are also on the rise, indicating inflation could ...

First inflation report under new Fed chief shows prices still rising

The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.
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GDP growth cut and latest PCE inflation data ‘disappointing’. This is what it means for advisors

This morning’s GDP numbers were very disappointing, with only a 1.6% increase in the first quarter,” said Chris Zaccarelli of ...
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Inflation rate hits 3.1%, highest in 26 months

Last month, consumer prices rose by 3.1%, marking the largest increase in 2 years and 2 months. The surge was largely driven ...

European stocks rebound as investors await key inflation data; Abivax shares tumble

Inflation in the euro zone jumped to 3% in April, up from 2.6% in March and well above the European Central Bank's 2% target.

Australian Inflation Rate: Monthly CPI Eases To 4.2% But War Continues To Fuel Price Hikes

Australia’s annual inflation rate, as measured by the Consumer Price Index (CPI), eased to 4.2% in April from 4.6% in March, ...

Iran war pushed up the Fed's favorite measure of inflation in April

Key Takeaways As widely expected, the PCE price index rose to its highest in nearly three years in April.PCE inflation rose 3 ...