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Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
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 consensus.
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cnbc.com
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
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 consensus.
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huffpost.com
Key Inflation Gauge Rose Last Month While Americans Cut Back On Spending
Incomes dropped after a one-time adjustment to Social Security benefits had boosted payments in March and April.
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upi.com
May PCE: Fed's preferred inflation gauge rises 0.1% higher than expected - UPI.com
The U.S. Bureau of Economic Analysis announced Friday that core inflation jumped higher than expected last month.