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Breaking: US core PCE inflation rises to 3.4% in May as expected - FXStreet

Breaking: US core PCE inflation rises to 3.4% in May as expected FXStreet Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices f...

FXStreet·
AI summary

Breaking: US core PCE inflation rises to 3.4% in May as expected FXStreet Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices f...

What happened

Breaking: US core PCE inflation rises to 3.4% in May as expected FXStreet Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Inflation report could fuel concerns over higher interest rates, even as oil prices f...

Why it matters

This business report is being tracked from FXStreet because it may affect readers, markets, policy, culture, or daily decisions.

Key facts
  • Category: business
  • Edition: IN
  • Fetched: Thu, 25 Jun 2026 15:35:22 GMT
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