Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows

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

Jun 25, 2026 5

Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Read More