High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...
PCE inflation rose to 4.1% while core PCE reached 3.4%, its highest level since 2023, raising concerns that Fed rate cuts ...
The core personal consumption expenditures rose at a 3.4% annual rate in May, setting the highest mark for inflation growth ...
For much of the past year, investors have focused on one question: when will interest rates come down? President Trump has ...
Inflation hit its highest level in three years last month, according to fresh data released this week — but new Federal Reserve Chair Kevin Warsh wants the central bank to focus on different measures.
The Federal Reserve's preferred inflation measurement, the Personal Consumption Expenditures Index, jumped 4.1% in May ...
The Federal Reserve’s preferred gauge of inflation came in at the highest level in nearly three years. However, new Fed Chair ...
Mark Zandi, chief economist at Moody’s Analytics, went on CNBC this morning with a take that should land uncomfortably for ...
The Federal Reserve's preferred measure of inflation likely surged in May, putting the central bank's determination to keep ...
Inflation just reached its highest point in three years. The Bureau of Economic Analysis released the May Personal ...
The personal consumption expenditures price index, the Federal Reserve's preferred gauge of inflation, jumped due to higher energy costs.