May PCE Report: PCE Inflation Index Up 4.1%, In Line with Expectations

Morningstar·Jun 25

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

The may pce report shows the pce inflation index rose 4.1%, which was in line with expectations. The core inflation rate increased to 3.4% in may, a three-year high, with some reports indicating this is the fastest pace in that time. The increase has kept the possibility of a fed rate hike in consideration.

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