PCE Inflation Data, Falling Oil Prices Calm Fed Fears (Live Coverage) | EN590 Commodities

Market Analysis 2026-06-25T12:22:13+00:00

The Federal Reserve's primary inflation gauge, the core PCE price index, showed the 12-month inflation rate hitting its highest level since October 2023, as Wall Street expected. Yet the data, which looks somewhat better below the surface, isn't holding back today's S&P 500 rally fueled by Micron Technology (MU) and its booming earnings and outlook. S&P 500 futures are solidly… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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