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    • 2.6%

      • The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — was unchanged from April and slowed to 2.6% for the 12 months ended in May from 2.7% the month before, according to Commerce Department data released Friday.
      www.cnn.com/2024/06/28/economy/us-pce-inflation-fed-consumer-spending-may/index.html

      US prices didn’t rise last month for the first time since ...

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  3. www.cnn.com › 2024/06/28 › economyUS prices didn’t rise last month for the first time since ...

    Jun 28, 2024 · The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — was unchanged from April and slowed to 2.6% for the 12 months...

  4. www.bea.gov › data › personal-consumptionPersonal Consumption Expenditures Price Index | U.S. Bureau ...

    3 days ago · May 2024. +2.6%. The PCE price index, released each month in the Personal Income and Outlays report, reflects changes in the prices of goods and services purchased by consumers in the United States. Quarterly and annual data are included in the GDP release. Current Release.

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  6. www.morningstar.com › economy › may-pce-report-pceMay PCE Inflation as Expected, Likely Clearing Way for Sept ...

    Jun 28, 2024 · The May Personal Consumption Expenditures Price Index increased as was widely expected, up 2.6% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s...

  7. www.usnews.com › news › economyKey Inflation Measure Shows Prices Cooled in May

    Jun 28, 2024 · The personal consumption price expenditures index decreased marginally while the core index that excludes volatile food and energy costs rose by 0.1% for the month after a 0.3% gain in...

  8. fortune.com › 2024/06/23 › fed-rate-cuts-outlookFed rate cuts could become more likely after key inflation ...

    Jun 23, 2024 · Economists expect no change in the May personal consumption expenditures price index and a minimal 0.1% gain in the core measure that excludes food and energy, based on median...

  9. www.reuters.com › markets › usVIEW US inflation cools in May; consumer spending rises ...

    Jun 28, 2024 · The flat reading in the personal consumption expenditures (PCE) price index last month followed an unrevised 0.3% gain in April, the Commerce Department's Bureau of Economic Analysis said...

  10. www.cnn.com › 2024/05/31 › economyThe Fed’s favorite inflation gauge showed little progress ...

    May 31, 2024 · The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Fed uses for its 2% target — rose 0.3% from the month before, resulting in an annual rate of...