📊 The May #USCorePCE report is out, offering a key snapshot into inflation trends in the U.S. economy. The Core Personal Consumption Expenditures Price Index, which strips out the more volatile food and energy categories, is closely watched by economists and policymakers—especially the Federal Reserve—as it provides insight into underlying inflation pressures.
In May, Core PCE rose by _[insert percentage if known]_ year-over-year, suggesting that while inflation is gradually cooling, it remains above the Fed’s 2% target. Monthly gains were modest, reflecting slowing price increases in services and non-durable goods. This data could influence upcoming interest rate decisions, with markets watching for signals on whether the Fed may hold rates steady or pivot in the months ahead.
Consumers are feeling the pinch less than last year, but persistent pressures in housing and healthcare keep inflation concerns alive. For investors, businesses, and households alike, Core PCE continues to serve as a vital compass for navigating the economic landscape.
📈 What’s your take on May’s inflation pulse?
