Core inflation hit an annual rate of 3.3% in April, as expected, Fed’… | HappeningNow.news

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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.

Source CNBC AI Summary Updated May 28, 2026
Story intelligence Beta
Freshness Stale Updated May 28, 2026
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Read time 1 min ~23 words

AI Summary

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.

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