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Fed’s Favorite Gauge Is Seen Showing Faster Inflation

Fed’s Favorite Gauge Is Seen Showing Faster Inflation
Bloomberg Markets Saturday 20 June 2026, 20:00 UTC By Matthew Boesler, Craig Stirling 1 min read
Key Points

Eco Week Ahead Fed’s Favorite Gauge Is Seen Showing Faster Inflation The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year. Forecasters expect the personal consumption expenditures price index, due Thursday, to show acceleration on both a monthly and year-over-year basis in May.

Eco Week Ahead Fed’s Favorite Gauge Is Seen Showing Faster Inflation The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year. Forecasters expect the personal consumption expenditures price index, due Thursday, to show acceleration on both a monthly and year-over-year basis in May.
Fed (ORG) the Federal Reserve’s (ORG) US (LOCATION)
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