Core PCE Inflation Rises 2.5% in April, Lowest Level Since 2021

Published on May 30, 2025

The Fed’s preferred inflation gauge, the core PCE price index, rose 2.5% year-over-year in April, marking the lowest level for the index in over four years. This was consistent with the forecast and a slowdown from 2.7% in March. On a monthly basis, the core index was up 0.1%, as expected.

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US Department of Labor cites Orlando Salvation Army after worker falls, suffers fatal injuries

May 30, 2025
ORLANDO, FL – The U.S. Department of Labor has cited The Salvation Army after a 54-year-old maintenance worker suffered fatal injuries following a fall while working at an Orlando donation center and store in November 2024. An investigation by the department’s Occupational Safety and Health Administration found the worker was repairing a roof leak when the fall occurred on Nov. 7. OSHA cited The S

Real Disposable Income Per Capita Up 0.7% in April

May 30, 2025
With the release of April's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.80% month-over-month change in disposable income comes to 0.70% when we adjust for inflation, the largest monthly gain since January 2024. The year-over-year metrics are 4.47% nominal and 2.27% real.