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An inflation surprise, AI rally and a possible Iran deal fuel markets

Core PCE, the Fed's preferred inflation gauge, which strips out energy and food, rose just 0.2% in A...

BUSINESS NEWS May 30, 2026

An inflation surprise, AI rally and a possible Iran deal fuel markets

Core PCE, the Fed's preferred inflation gauge, which strips out energy and food, rose just 0.2% in April, under the 0.3% consensus.

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Core PCE, the Fed's preferred inflation gauge, which strips out energy and food, rose just 0.2% in April, under the 0.3% consensus.

Author: Detroit Free Press

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