PCE inflation hits 3-year high in April as consumer spending rises

The April PCE report is the first inflation reading released since Kevin Warsh became chair of the Federal Reserve ...

Stock market today: S&P 500, Dow, Nasdaq futures fall as hot PCE inflation clouds Fed rate cut hopes—Snowflake, Salesforce in focus (updated)

(Editor’s note: The future prices of benchmark tracking ETFs, and the headline were updated in the story.) U.S. stock futures fell on Thursday after a higher close on Wednesday, as all indices ended ...

Fed's favored inflation gauge remained elevated in April

The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.

Inflation just spiked to the highest level in almost 3 years in the first report under new Fed chair Kevin Warsh. But there was some good news

The April reading of the personal consumption expenditures price index was released earlier today.

US PCE inflation rate hits three-year high as Iran war pushes up prices – as it happened

Rolling coverage of the latest economic and financial news, as number of UK ‘Neets’ hits 12-year high ...

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Seeking Alpha

Core PCE Inflation At 3.3% In April, Highest Level Since 2023

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.3% year-over-year in April, matching the forecast. On a monthly basis, core prices rose 0.2%, coming in lower than ...

S&P 500 futures off lows after PCE data

Stock futures were off the lows in premarket trade Thursday after an inflation gauge climbed to a three-year high along with the surge in gas prices. The personal-consumption price index rose to 3.8% ...

Inflation is at a three-year high — and now many Americans are burning through their savings

High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at the lowest rate in nearly four years, a new report showed Thursday.

Key US inflation measure posts largest annual increase in three years

By Lucia Mutikani WASHINGTON, May 28 (Reuters) - U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists' ...
Barron's

The Latest PCE Inflation Report Could Test the Fed

February PCE data is due to be released Thursday morning. (Kena Betancur/Bloomberg) The Federal Reserve’s preferred inflation gauge, the personal consumption expenditures index, is expected to show ...
Seeking Alpha

Core PCE Inflation At 3.0% In February, As Expected

The Fed’s preferred inflation gauge, the core PCE price index, climbed 3.0% year-over-year in February. On a monthly basis, core PCE rose 0.4%, as expected. The headline index rose 2.8% year-over-year ...