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May US PCE inflation tops 4%, leaves Fed hike on the table - Reuters

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Americans are still shopping, despite climbing energy costs Axios Consumers are still ‘begru...

Reuters·
AI summary

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Americans are still shopping, despite climbing energy costs Axios Consumers are still ‘begru...

What happened

May US PCE inflation tops 4%, leaves Fed hike on the table Reuters Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows CNBC Americans are still shopping, despite climbing energy costs Axios Consumers are still ‘begru...

Why it matters

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

Key facts
  • Category: business
  • Edition: US
  • Fetched: Thu, 25 Jun 2026 23:18:02 GMT

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