Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.

# Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/28/core-inflation-hit-an-annual-rate-of-3point3percent-in-april-as-expected-feds-preferred-gauge-shows-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*