The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
Source link
Trending
- Trump ends all U.S. trade talks with Canada over digital services tax
- Buy this megacap tech stock set to rally more than 20% due to AI: Citizens
- Play this natural gas stock for a big breakout, says Carter Worth
- Niles says investors must ‘forget about’ valuations, names favorite stocks
- Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more
- Wilmington Trust CIO Tony Roth on the risks lurking in the bond market
- Deep inside economy, more sticker prices start to go up due to tariffs
- Nvidia heads for 5-day win streak as it hits record highs
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
