The numbers: A key gauge of U.S. inflation rose 0.6% in May largely due to the higher cost of gas and food, but there were renewed signs that price pressures Read more
Tag: Central Banking
Coming up: PCE inflation and consumer spending
The PCE inflation gauge preferred by the Federal Reserve is forecast to rise 0.7% in May. The core rate, which excludes food and gas, is seen increasing 0.4%. The 12-month Read more