Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

CNBC Markets· May 28, 2026 · 3:15 PM

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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Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

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