US Core Inflation Creeps Up in May, Keeping Fed on Guard

Unknown Apr 02, 2026 800 Views

The US Personal Consumption Expenditures (PCE) Price Index—the Federal Reserve’s preferred inflation gauge—rose 2.3% year-over-year in May, matching market expectations and slightly up from 2.2% in April. The core PCE, which strips out volatile food and energy prices, climbed 2....