The Personal Consumption Expenditures index is the Fed’s favorite gauge of price increases.

The Personal Consumption Expenditures index is the Fed’s favorite gauge of price increases.

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

Inflation rose three-tenths of a percentage point to 4.1% for the year ending in May, the Bureau of Labor Statistics reported.

PCE inflation rose further in May, reinforcing bets the Fed hikes rates by October as Chair Kevin Warsh keeps policy tight to cool prices.

US consumer spending rose 0.7% in May as CPI hit 4.2%, a three-year high. Here's what the inflation-spending paradox means for crypto and risk assets.

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 what it means for crypto.

US inflation accelerated above the 4% mark for the first time in three years in May, driven by higher energy prices following the Middle East conflict, while consumer spending…

PCE inflation rose to 4.1% while core PCE reached 3.4%, its highest level since 2023, raising concerns that Fed rate cuts could be delayed.

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

US inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. This development pushes the Federal Reserve…

WASHINGTON: The US Federal Reserve's preferred inflation measure hit a fresh three-year high in May, as elevated energy prices from President Donald Trump's Iran war pose a key…

The numbers are likely to keep pressure on the Federal Reserve to raise interest rates this year.

PCE inflation hit 4.1% in May 2026, the highest in three years. Core PCE rose to 3.4% as Bitcoin tested $59K support amid growing rate hike expectations.

The personal consumption expenditures prices index jumps 4.1 per cent from a year ago. Read more at straitstimes.com. Read more at straitstimes.com.