MARKETSSTORY 672· JUNE 25, 2026

Fed's Preferred Inflation Gauge Hits 3-Year High as PCE Rises to 4.1% in May

The Personal Consumption Expenditures price index — the Federal Reserve's preferred measure of inflation — rose at an annual rate of 4.1% in May, reaching its highest reading in three years. That combination of pace and trajectory signals…

NDNewsDialy Desk2 MIN READ

SOURCE

cbsnews.com

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