Business

Inflation Rates Reach Three-Year High

Updated 2026-05-28 12:50 UTC 2 sources Negative

The PCE price index for April showed an annual core inflation rate of 3.3%, marking a three-year high. Analysts warn that higher inflation could pose significant challenges to both households and businesses.

Coverage timeline — 3 articles

MarketWatch

Inflation escalates to 3-year high. And it might get worse before it gets better.

The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and the broader U.S. economy.

2026-05-28 12:34 UTC

MarketWatch

Consumer spending looks strong, but higher inflation is a big reason why

Americans get less bang for their bucks

2026-05-28 12:38 UTC

CNBC

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.

2026-05-28 12:43 UTC