US Core PCE Accelerates in May 2026
US Core PCE rose 0.3% month-over-month in May 2026 and hit 3.4% year-over-year, matching forecasts but marking the highest annual rate since late 2023 amid energy shocks from the Strait of Hormuz.
US Core PCE rose 0.3% month-over-month in May 2026 and hit 3.4% year-over-year, matching forecasts but marking the highest annual rate since late 2023 amid energy shocks from the Strait of Hormuz.
