Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
![Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected](https://media.nbcchicago.com/2024/06/107427539-1718145096109-gettyimages-2157186255-img_9275_b2cmmqzh.jpeg?quality=85&strip=all&resize=1200,675)
The core personal consumption expenditures price index was expected to increase 0.1% in May and 2.6% from a year ago, according to the Dow Jones consensus.
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