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 ...

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.
WWNO

Inflation is up. Americans explain how it's affecting them

Consumer prices surged 3.8% in April from a year ago. That's according to data released today from the Department of Labor. SACHA PFEIFFER, HOST: It's the highest annual reading since May 2023, and it ...
CNBC

Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...

Core Inflation Ticks Up Again, Hitting 3.4% in May

The annual pace of core inflation was a bit stronger than expected last month after removing volatile energy and food prices ...

Core PCE inflation rises in line with consensus in May; personal income, spending exceed expectations

M/M vs. +0.3% consensus and +0.3% prior (revised from +0.2%), according to data released by the Bureau of Economic Analysis ...
U.S. News & World Report

Exclusive-Fed's Musalem Says Oil Shock Likely to Keep Core Inflation Near 3%, Rates on Hold for Some Time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the ⁠Federal ⁠Reserve's 2% target for the rest of this year, with the ⁠U.S.

The stock market could drop: 2 urgent warnings from former Fed Chair Jerome Powell explain why

The stock market's expensive valuation is particularly concerning alongside the prospect of higher interest rates.

Market Outlook: Bank of Canada urged to simplify inflation messaging

Tony Stillo discusses the Bank of Canada's inflation messaging, interest-rate outlook and the economic risks from trade and ...

Why is gold falling as inflation rises? The inflation hedge myth, explained

Gold is heading for a fourth monthly fall even as US inflation hits a three-year high. Here is why higher rates, not ...
Reuters

Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time

WASHINGTON, April 15 (Reuters) - High oil prices are likely to keep underlying inflation nearly a percentage point above the Federal Reserve's 2% target for the rest of this year, with the U.S.