Top news
April CPI report: US prices stay high, inflation pressures persist
By Christopher Rugaber
April Inflation Report: Inflation Slows for 10th Straight Month (Published 2023)
By Joseph Smith, Jeanna Smialek & Ben Casselman
Inflation stays high in April as the economy faces challenging times
By Scott Horsley
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
April PCE #inflation +2.7% year/year vs. +2.7% est. & +2.7% prior … core +2.8% vs. +2.8% est. & +2.8% prior pic.twitter.com/QdJsEOx3dX
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Council of Economic Advisers
WhiteHouseCEA
Today’s Personal Income report shows that headline PCE inflation was 0.3% in April, as expected. Excluding volatile food and energy, core PCE inflation was 0.2%, also at expectations. 1/ pic.twitter.com/5AAsMdMUDG
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Mohamed A. El-Erian
elerianm
Both headline and core CPI annual #inflation for the Eurozone rose in May, and to levels that are higher than the consensus forecasts.
Headline came in at 2.6%, up from 2.4% in April and above the 2.5% consensus.
Core rose to 2.9%.
These numbers will make for a more interesting…
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Holger Zschaepitz
Schuldensuehner
OUCH! Eurozone's #inflation rose faster than expected in May ahead of #ECB meeting. Overall CPI accelerated to 2.6% in May YoY, up from April's 2.4%. Even worse: downtrend in core inflation reversed w/core CPI ticked up to 2.9% in May from 2.7% in April. Analysts surveyed by… pic.twitter.com/OsLCKi9B2x
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All coverage
Is high inflation the new normal?
By Matthew C. Klein
Inflation Eased in April but Remains Stubbornly High
By Gabriel T. Rubin
Inflation is cooling — but many items aren’t cheaper. Here’s why
By Elisabeth Buchwald
US inflation below 5% for first time in two years
By Natalie Sherman