#USCorePCEMay May U.S. Core PCE: The Fed’s Preferred Inflation Gauge

Monthly Change: Core PCE increased ≈ 0.1% in May, matching April and indicating steady monthly inflation clevelandfed.org+11marketwatch.com+11fxstreet.com+11.

Year‑over‑Year: Core PCE is about 2.6% YoY—up from ~2.5% in April—keeping inflation above the Fed’s 2% target investing.com+5barrons.com+5fxstreet.com+5.

Headline PCE (including food/energy) rose ~0.1% MoM and ~2.3% YoY