Core PCE Inflation Rises 0.2% in April, Missing Forecasts
Updated
Updated · Seeking Alpha · May 28
Core PCE Inflation Rises 0.2% in April, Missing Forecasts
8 articles · Updated · Seeking Alpha · May 28
Core PCE prices rose 0.2% in April from March, coming in slightly below expectations in the Federal Reserve’s preferred underlying inflation gauge.
The report showed inflation still increased on a monthly basis, even if the pace was softer than economists had expected.
The core PCE index strips out food and energy, making it a closely watched measure of persistent price pressures and a key input for Fed rate decisions.
With inflation slightly cooling, will the Fed accelerate its planned interest rate cuts for 2026?
Can cooling inflation bridge the gap in a 'K-shaped economy' with vastly different financial realities?