Consumer prices rose 4.2% annually in May, highest in three years

The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

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.

The Stock Market Could Drop: 2 Urgent Warnings From Former Fed Chair Jerome Powell Explain Why.

The stock market's expensive valuation is particularly concerning alongside the prospect of higher interest rates.
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Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter

The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
Reuters

BOJ's new trend gauge shows inflation exceeding target

TOKYO, May 26 (Reuters) - Japan's core inflation as measured by a new central bank gauge accelerated in April ‌and blew past its 2% target, data showed on Tuesday, helping make the case for an ...