Fed's favored inflation gauge accelerated in May amid energy price shock

Fed's favored inflation gauge accelerated in May amid energy price shock

Source: www.foxbusiness.com · Section: business-tech · Bias: Right · Published: Thu, 25 Jun 2026 12:34:51 GMT

The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.

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The same story across the political spectrum (15 sources)

Left: The Strait of Hormuz might be entering a new era: report — www.rawstory.com
Left: MAGA rift erupts as White House insider bashes 'unlikable' GOP hopeful's 'bedwetting' — www.rawstory.com
Center-Left: Americans are still shopping, despite climbing energy costs — www.axios.com
Center-Right: UN watchdog says inspectors will visit Iran nuclear sites — thehill.com
Center-Right: Oil tankers exit Strait of Hormuz despite Iran threats — thehill.com
Center-Left: Trump Tells Farmers They’ll Be Able to Sell Products to ‘The Lovely Country of Iran’ — www.mediaite.com
Right: Trump's $88B Iran war bill collides with Senate opposition — www.foxnews.com

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