#USCorePCEMay PCE Inflation Data - May 2025 (U.S.)
📌 Core PCE (excluding food and energy):
Monthly: +0.2%
Year-on-Year: +2.7% (up from 2.6% in April)
📌 Overall PCE (including food and energy):
Monthly: +0.1%
Year-on-Year: +2.3% (up from 2.2% in April)
🔍 Why is this important?
It is the Fed's preferred measure of inflation.
The increase to 2.7% annually suggests that inflation remains above the 2% target.
This could delay potential interest rate cuts by the Fed.