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

The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% f...

BUSINESS NEWS June 25, 2026

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

The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest...

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The core personal consumption expenditures price index showed a 3.4% annual rate after rising 0.3% for the month. The core annual reading was the highest...

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