Core PCE Inflation at 3.3% in April, Highest Level Since 2023

Published on May 28, 2026

The Federal Reserve’s preferred inflation gauge, the core PCE price index, climbed 3.3% year-over-year in April. This marks the highest level since November 2023 and marks a steady pickup from March's 3.2% reading. On a monthly basis, core prices rose 0.2%.

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Initial Unemployment Claims Up 5K, Higher Than Expected

May 28, 2026
In the week ending May 23rd, initial jobless claims were at a seasonally adjusted level of 215,000. This represents an increase of 5,000 from the previous week's figure and was higher than the forecast of 211,000.

Q1 GDP Second Estimate: Real GDP at 1.6%, Lower Than Expected

May 28, 2026
U.S. economic growth rebounded at the beginning of 2026, according to the BEA’s latest estimate. Real GDP rose at 1.6% annual rate in Q1, falling short of the 2.0% forecast but marking an acceleration from the 0.5% final estimate seen in Q4 of last year.