Published on: 2026-07-30
Updated on: 2026-07-30
Core PCE price index June
30/7/2026 (Thu)
Previous: 3.4% Forecast: 3.3%
US core inflation accelerated in May for the first time in three years, highlighting the continued economic impact of regional tensions on global energy prices and domestic policy.
Rising costs of living, driven by Trump's broad import tariffs, are already placing financial pressure on consumers. This economic situation has emerged as a significant political challenge for Trump and the Republican Party.
Economists anticipate that core inflation will persist at higher levels for the foreseeable future, leading financial markets to price in an interest rate increase from the Fed this upcoming September.
