The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26.
The April PCE inflation report comes at a time when investors are increasingly wondering if the Fed will hike interest rates again in July, after briefly pausing in June.
What To Know Ahead of the PCE Inflation Release
Chart: PCE vs Core PCE inflation
Image: Shutterstock
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