Breaking Posted 6 hours ago

PCE inflation tops 4% in May 2026, spending holds firm

News
U.S. PCE inflation rose above 4% in May 2026 while consumer spending remained robust, signaling persistent price pressures despite economic resilience. This data pressures USD higher as markets reprice Fed rate-hold expectations and demand for safe-haven currency strengthens amid inflation concerns.
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3 hours ago

US Consumer Spending Accelerates as Inflation Hits Three-Year High

US consumer spending picked up in May while PCE inflation rose to its fastest pace in over three years, signaling resilient demand despite price pressures. This data is crucial for USD/EUR, GBP/USD, and USD/JPY as it shapes Fed rate-hike expectations and dollar strength in coming months.

https://www.bloomberg.com/news/videos/2026-06-25/us-consumer-spending-picks-up-despite-higher-inflation-video
A
@asuquokelvin · 4 hours ago

Higher inflation and strong spending keep pressure on the Fed, which remains supportive for the dollar.

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