Inflation, Prices
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Core inflation, which excludes the food and energy components hard-hit by the latest oil shock, rose moderately in May, but was unable to completely escape the effects of the ongoing conflict. Core CPI inflation measured 0.
May CPI headline inflation rose 0.5% MoM and 4.2% YoY, driven almost entirely by energy price shocks from Middle East conflict. Learn more about the US economy here.
May 2026 core CPI rose 0.2% monthly, below the expected 0.3%, lifting Treasury prices. But headline inflation hit 4.2% as rate-hike odds climb past 50%.
US headline inflation was lifted by sharp gasoline and airline fare increases, but other components were better behaved
May 2026 Producer Price Index rose +1.06% MoM and +6.42% YoY, the largest 12-month gain since November 2022. Core PPI - less foods, energy, and trade services - accelerated to +0.85% MoM, its hottest monthly print since March 2022.
15don MSN
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
Despite the staggered increase in retail fuel prices during the past month in the backdrop of persisting conflict in West Asia, fuel inflation remained contained at 0.8% in May, though marginally higher than 0.
US inflation hit 3.8% in April 2026, a three-year high, with forecasters warning it could top 4%. Bitcoin holds above $80K as the Fed freezes rate cuts.