Fed's favored inflation gauge remained elevated in April The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact. Orignial Source: https://www.foxbusiness.com/economy/april-2026-pce-inflation Previous article: NYC rents hit record highs as Jersey City building boom drives rents down Prev Next article: Elizabeth Warren calls for taxing AI industry to 'invest in people’ Next