Inflation Report May 31 2024. Inflation tracked sideways in april and consumer spending weakened, mixed signals for the federal reserve that provided little clarity on whether the u.s. The pce price index is forecast to rise 0.30% in april after rising by 0.32% in march.
Fed officials may see weakening demand as one sign that inflation is poised to fade further. The pce price index is forecast to rise 0.30% in april after rising by 0.32% in march.