Rate-hike odds fell slightly after the data.
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
By Lucia Mutikani WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first ...
M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
May's Personal Consumption Expenditures (PCE) index — the Federal Reserve's preferred inflation gauge — saw inflation rise ...
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 ...
The Federal Reserve's preferred measure of inflation likely surged in May, putting the central bank's determination to keep ...
The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.4% year-over-year in May, matching the ...
The United States Bureau of Economic Analysis has published the Personal Consumption Expenditures Price Index data for May.