May 2024 Inflation Data Us. Pce rises 2.3% in october on annual basis dell, hp fall after downbeat quarterly forecasts q3 gdp unrevised at 2.8%; Weekly jobless claims at 213,000 indexes down;

Just hours before the release of the federal reserve’s latest rate decision, fresh inflation data showed that price increases slowed notably in may. The pce price index is known for capturing inflation (or deflation) across a wide range of consumer.