The Commerce Department released the PCE inflation report for May which found the Federal Reserve's favored inflation gauge ticked slightly higher to 2.3%.

Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting ...

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.7% year-over-year in May.

Fed policy actions contradict its stated rule to focus on the mandate most out of balance, undermining credibility and ...

A new report from the Council of Economic Advisers found that the prices of imported goods have fallen this year and have declined faster than overall goods prices since February.

The US’s headline personal consumption expenditures inflation index for May rose at an annual rate of 2.3 per cent, in line with consensus expectations and slightly above April’s 2.2 per cent rise. On ...

Consumer prices likely rose slowly in May, as measured by the Federal Reserve's preferred gauge of inflation, Personal ...

May PCE Inflation Report Highlights The PCE Price Index rose 0.1% in May, in line with the FactSet consensus forecast and following an increase of the same amount in April.

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on ...

Crypto markets drop as Bitcoin slides to $106K as PCE hits 2.7%; Goldman and Brooks warn inflation respite may be ending.

The Federal Reserve's preferred measure of inflation moved further from its 2% target, underscoring the central bank's ...