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Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Key Inflation Gauge Rose Last Month While Americans Cut Back On Spending
Incomes dropped after a one-time adjustment to Social Security benefits had boosted payments in March and April.
NBC Bay Area16d
Core inflation rate rose to 2.7% in May, more than expected, Fed’s ...
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
NBC Los Angeles16d
Core inflation rate rose to 2.7% in May, more than expected, Fed’s ...
Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows By Jeff Cox, CNBC • Published June 27, 2025 • Updated on June 27, 2025 at 6:27 am BOOKMARKER ...