Ahead of the report, markets leaned to a rate hike by the Sept. 16 Fed meeting.
M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid ...
The PCE inflation data raises questions for homebuyers. Will high inflation increase mortgage rates, or will low oil prices ...
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
PCE inflation data, Fed speakers, and Micron earnings take center stage as investors evaluate the implications of the Fed’s hawkish shift.
The US PCE price index rose 4.1% YoY in May 2026, up from 3.8% in April, hitting the highest level since April 2023. Here's ...
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
US Q1 2026 GDP headline growth was revised up to 2.1% SAAR, but underlying domestic demand weakened significantly. Read full ...
Investors will get more of a sense for how the American consumer is grappling with wartime inflation today. Earnings are due from retailers like Costco, Best Buy and Dollar Tree, and the ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...
Mark Zandi, chief economist at Moody’s Analytics, went on CNBC this morning with a take that should land uncomfortably for ...