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.

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

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