The PCE price index matched forecasts at 3.3% as the Federal Reserve monitors whether price pressures are easing.
Tag: Inflation
Fed’s Goolsbee: Energy Inflation Has Been More Persistent Than Expected
Chicago Fed President Austan Goolsbee warns that energy price pressures driven by the Iran war are complicating the Fed’s inflation outlook.
Americans Are Feeling Inflation’s Pinch Into the Holiday Weekend — Where Prices Are Rising
A breakdown of which consumer categories are seeing the steepest price increases ahead of Memorial Day weekend.
Two-Thirds of Consumers Cutting Spending on Clothing and Hobby Items Due to Price Rises
The Conference Board’s May 2026 survey found consumers are specifically reducing expenditure on clothing footwear hobby items and games as inflation persists.
US Consumer Confidence Index Falls to 93.1 in May on Inflationary War Pressures
The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
US Consumer Confidence Drops to 93.1 in May Citing Middle East Conflict Inflation
The Conference Board reported US consumer confidence dipped to 93.1 in May as concerns about war-driven inflation weighed on households.
Kevin Warsh Sworn In as Fed Chair Amid Iran Conflict Inflation Pressures
The new Federal Reserve chairman takes office facing an economy still rattled by war-driven energy costs.
30-Year Fixed Mortgage Rate Drops 6 Basis Points to 6.45% in Latest Week
US home loan rates dipped slightly from recent highs though they remain elevated due to war-driven inflation.
30-Year Fixed Mortgage Rate Averaged 6.51% in Week Ending May 22 2026
California property analysts warn of continued uncertainty as oil-driven inflation keeps rates high.
Americans Feeling Inflation Pinch Heading Into Memorial Day Holiday Weekend
As the Memorial Day long weekend begins US consumers report feeling persistent price pressures particularly in food energy and travel categories.