Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
- Posted on May 28, 2026
- By CNBC
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- 1 min read
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
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.