Inflation measure closely watched by the Fed rises 2.6% in May

Pls share this post

Listen to this article

The personal consumption expenditures (PCE) index showed that prices were unchanged from the previous month, according to the Labor Department. On an annual basis, prices climbed 2.6%. Both of those figures are in line with expectations.

This is a developing story. Please check back for updates.


Pls share this post
California McDonald's franchisee shares struggle with 'unprecedented' impact of new minimum wage
Previous articleBiden stock tanks in election betting markets after disaster performance
Next articleSimply Asset Finance Secures £120m Loan Facility from Bank of America to Boost UK Business Lending