Fed's Preferred Inflation Gauge Likely Rose Last Month -- WSJ

Dow Jones01:02

By Matt Grossman

Wednesday's consumer-price data showed some cooling in underlying inflation trends. But the numbers are unlikely to provide much reassurance to Federal Reserve officials who have grown concerned about accelerating inflation.

The Fed tracks inflation using a different gauge, the price index of personal-consumption expenditures. Its May figures won't be available until later this month. But the formula uses data from the inflation reports published this week, so economists can forecast the results with great accuracy.

After today's wholesale-inflation figures, many economists now think that the core PCE inflation rate, which excludes food and energy prices, rose to 3.4% last month, from 3.3% in April. That would be the highest rate since late 2023. If that forecast is borne out by the official release, it may be all the more difficult for Fed officials to argue that inflation is on track to abate.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 11, 2026 13:02 ET (17:02 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642423503?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-12 01:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642423503","market":"sh","top_or_hot":-1,"title":"Fed's Preferred Inflation Gauge Likely Rose Last Month -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Matt Grossman \n</p>\n<p>\n     Wednesday's consumer-price data showed some cooling in underlying inflation trends. But the numbers are unlikely to provide much reassurance to Federal Reserve officials who have grown concerned about accelerating inflation. \n</p>\n<p>\n     The Fed tracks inflation using a different gauge, the price index of personal-consumption expenditures. Its May figures won't be available until later this month. But the formula uses data from the inflation reports published this week, so economists can forecast the results with great accuracy. \n</p>\n<p>\n     After today's wholesale-inflation figures, many economists now think that the core PCE inflation rate, which excludes food and energy prices, rose to 3.4% last month, from 3.3% in April. That would be the highest rate since late 2023. If that forecast is borne out by the official release, it may be all the more difficult for Fed officials to argue that inflation is on track to abate. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2026 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Preferred Inflation Gauge Likely Rose Last Month -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed's Preferred Inflation Gauge Likely Rose Last Month -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-12 01:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Matt Grossman \n</p>\n<p>\n     Wednesday's consumer-price data showed some cooling in underlying inflation trends. But the numbers are unlikely to provide much reassurance to Federal Reserve officials who have grown concerned about accelerating inflation. \n</p>\n<p>\n     The Fed tracks inflation using a different gauge, the price index of personal-consumption expenditures. Its May figures won't be available until later this month. But the formula uses data from the inflation reports published this week, so economists can forecast the results with great accuracy. \n</p>\n<p>\n     After today's wholesale-inflation figures, many economists now think that the core PCE inflation rate, which excludes food and energy prices, rose to 3.4% last month, from 3.3% in April. That would be the highest rate since late 2023. If that forecast is borne out by the official release, it may be all the more difficult for Fed officials to argue that inflation is on track to abate. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2026 13:02 ET (17:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PBDC","symbol_name":"Putnam Bdc Income ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642423503","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642423503","pubTimestamp":1781197320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Wednesday's consumer-price data showed some cooling in underlying inflation trends. But the numbers are unlikely to provide much reassurance to Federal Reserve officials who have grown concerned about accelerating inflation.The Fed tracks inflation using a different gauge, the price index of personal-consumption expenditures. Its May figures won't be available until later this month. But the formula uses data from the inflation reports published this week, so economists can forecast the results with great accuracy.After today's wholesale-inflation figures, many economists now think that the core PCE inflation rate, which excludes food and energy prices, rose to 3.4% last month, from 3.3% in April. That would be the highest rate since late 2023. If that forecast is borne out by the official release, it may be all the more difficult for Fed officials to argue that inflation is on track to abate.This item is part of a Wall Street Journal live coverage event. The full stream can be found b","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PBDC":"Putnam Bdc Income ETF","HYG":"债券指数ETF-iShares iBoxx高收益公司债","DBND":"DoubleLine Opportunistic Bond ETF","MINT":"PIMCO Enhanced Short Maturity Exchange-Traded Fund","VCSH":"美国短期公司债-Vanguard","FAZ":"三倍做空金融ETF-Direxion","MUB":"美国市政债ETF-iShares","BSV":"短期国债指数ETF-Vanguard","VGSH":"美国短期国债ETF-Vanguard","VCIT":"美国中期公司债-Vanguard","TIP":"通胀债券指数ETF-iShares Barclays","SHV":"美国短期国债ETF-iShares","UBT":"债券20+美国债-ProShares两倍做多","VGIT":"中期国债ETF-Vanguard","TMF":"3倍做多20年期以上国债ETF-Direxion","KBE":"银行指数ETF-SPDR KBW","BOND":"Pimco Total Return ETF","SHY":"债券指数ETF-iShares Barclays 1-3年国债","EDV":"美国延期国债ETF-Vanguard","USHY":"iShares Broad USD High Yield Corporate Bond ETF","BIL":"债券指数ETF-SPDR Barclays美国1-3月国债","NGHT":"Nicholas Bitcoin and Treasuries AfterDark ETF","GOVT":"iShares安硕核心美国国债ETF","TBIL":"US Treasury 3 Month Bill ETF","ZROZ":"PIMCO 25+ Year Zero Coupon U.S","TYO":"3倍做空7-10年期国债ETF-Direxion","VGLT":"美国长期国债ETF-Vanguard","UDN":"做空美元指数-PowerShares","GBIL":"Goldman Sachs Access Treasury 0-1 Year ETF","GOLY":"Strategy Shares Gold Enhanced Yield ETF","IEI":"iShares Barclays 3-7 Year Trea","SKRE":"TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF","TLTW":"iShares 20+ Year Treasury Bond Buywrite Strategy ETF","AGG":"债券指数ETF-iShares Barclays综合国债","BOXX":"ALPHA ARCHITECT 1-3 MONTH BOX ETF","JPST":"JPMorgan Ultra-Short Income ETF","LQD":"债券指数ETF-iShares iBoxx投资级公司债","TBT":"债券20+美国债指数ETF-ProShares两倍做空","UUP":"美元ETF-PowerShares DB","TLH":"iShares安硕10-20年国债ETF","BND":"债券指数ETF-Vanguard美国","SCHO":"嘉信短期美国国债ETF"},"translate_title":"美联储首选通胀指标上个月可能上升——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPST":1.5,"UDN":1.5,"BOND":1.5,"BND":1.5,"VCIT":1.5,"FAZ":1.5,"DBND":1.5,"SHY":1.5,"MINT":1.5,"TBT":1.5,"ZROZ":1.5,"VGLT":1.5,"TBIL":1.5,"PBDC":1.5,"US30Y.BOND":1.5,"TLH":1.5,"US5Y.BOND":1.5,"SCHO":1.5,"IEI":1.5,"SKRE":1.5,"SHV":1.5,"US6M.BOND":1.5,"UUP":1.5,"TIP":1.5,"VGIT":1.5,"EDV":1.5,"NGHT":1.5,"UBT":1.5,"USHY":1.5,"MUB":1.5,"TMF":1.5,"BSV":1.5,"GBIL":1.5,"GOVT":1.5,"US2Y.BOND":1.5,"BOXX":1.5,"TLTW":1.5,"VCSH":1.5,"LQD":1.5,"AGG":1.5,"US10Y.BOND":1.5,"GOLY":1.5,"TYO":1.5,"US7Y.BOND":1.5,"HYG":1.5,"BIL":1.5,"VGSH":1.5,"US12M.BOND":1.5,"US3Y.BOND":1.5,"KBE":1.5},"content_text":"By Matt Grossman \n\n\n     Wednesday's consumer-price data showed some cooling in underlying inflation trends. But the numbers are unlikely to provide much reassurance to Federal Reserve officials who have grown concerned about accelerating inflation. \n\n\n     The Fed tracks inflation using a different gauge, the price index of personal-consumption expenditures. Its May figures won't be available until later this month. But the formula uses data from the inflation reports published this week, so economists can forecast the results with great accuracy. \n\n\n     After today's wholesale-inflation figures, many economists now think that the core PCE inflation rate, which excludes food and energy prices, rose to 3.4% last month, from 3.3% in April. That would be the highest rate since late 2023. If that forecast is borne out by the official release, it may be all the more difficult for Fed officials to argue that inflation is on track to abate. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  June 11, 2026 13:02 ET (17:02 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642423503","isCrawlerRequest":true}