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US Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting the 12-month inflation rate at 3.8%, the Commerce Department reported. Economists surveyed by Dow Jones had been looking for respective readings of 0.5% and 3.8%. Excluding food and energy, core prices rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3%. While the annual rates were in line with ... (full story)
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From breakingthenews.net|May 28, 2026|2 commentsDurable goods orders in the United States surged by 1.9% in April to reach $346 billion, the US Census Bureau reported on Thursday. The figure marked a jump from March's revised ...
From dol.gov|May 28, 2026In the week ending May 23, the advance figure for seasonally adjusted initial claims was 215,000, an increase of 5,000 from the previous week's revised level. The previous week's ...
From bea.gov|May 28, 2026|10 commentsReal gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2026 (January, February, and March), according to the second estimate released ...
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From @LiveSquawk|May 28, 2026|2 commentsFed's Williams: Middle East War Impacts Consumer Spending Amid Higher Energy Costs - Hit To Inflation Likely To Peak In Next Few Months - Tariff Impact Should Peak In Next Few Months - Near Term, Inflation Around 4% And Core Inflation Around 3% Fed's Williams: Anchoring inflation expectations is critical. Fed's Williams: Monetary policy needs to be data dependent. WILLIAMS: FED MUST BE CLEAR IT IS GETTING INFLATION TO 2% WILLIAMS: PATH FOR MONETARY POLICY DEPENDS ON DATA, OUTLOOK AND RISKS
From fxleaders.com|May 28, 2026After a 3.99% multi-session liquidation phase in Bitcoin, the leading cryptocurrency by market cap is at $73,301.00. Bitcoin is now at a new six-week low, and it has broken ...
From census.gov|May 28, 2026With this release, seasonally adjusted estimates of housing units sold, housing units for sale, and the months' supply of new housing have been revised back to January 2021. All revised estimates are available on our website. The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for April 2026. Sales of new single-family houses in April 2026 were at a seasonally-adjusted annual rate of 622,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 6.2 percent (±12.8 percent)* below the March 2026 rate of 663,000, and is 11.3 percent (±11.5 percent)* below the April 2025 rate of 701,000. Biggest monthly jump in median new home sales price since 2019: up 8% from $391.1K in March to $422.5K in April pic.twitter.com/96u22k05mm
