Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 4.1% annual increase.

Inflation topped 4% in May, but the worst may be over

High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

U.S. Inflation Rates Over Time and the Forecast for the Rest of 2026

The Consumer Price Index is the most commonly used measure of inflation in the United States. The CPI for all items increased ...
Retail Dive

Consumer spending rises as inflation speeds up to three-year high

Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a ...

Fed's preferred inflation gauge hits 3-year high

Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.

Europe's central bank head defends its recent rate hike to fight inflation

The head of the European Central Bank defended its June 11 rate hike as justified to ward off real inflationary pressures and ...

Inflation flips Wall Street's Fed interest-rate bets toward hikes

Sticky inflation is reshaping Fed interest-rate expectations as Wall Street abandons rate-cut forecasts and braces for ...

Inflation fears are overblown. What the rate-hike camp gets wrong about the stock market

Inflation isn’t as high as you think — and Fed Chair Kevin Warsh looks less hawkish than advertised.

U.S. Inflation Rate by President: From Truman to Biden

How much control does the president really have over inflation?

America In Focus: Key inflation gauge surges to 3-year high, mortgage rate climbs

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising ...