The May inflation numbers are due out Wednesday morning. Here's what to expect

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.

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.
Wall Street Journal

Powell Flips the Fed’s ‘Framework’

Review & Outlook: Robert F. Kennedy, Jr. is using Biden-era mistakes to tarnish a promising technology, and scientists are pushing back. The framework emerges from the Fed’s periodic review of its ...
U.S. News & World Report

Fed's Paulson Says Fed Would React to Burst of Inflation

(Reuters) -Federal Reserve Bank of Philadelphia President Anna Paulson said on Monday that if inflation pressures do not moderate as she expects the central bank should be willing to take action. If ...
Bloomberg L.P.

Fed’s Kashkari Warns Drastic Rate Cuts Would Stoke Inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday cautioned that any drastic cuts to interest rates would risk stoking inflation. “You would expect to see the economy have a burst ...

Is bitcoin really an inflation hedge? Experts say there’s little proof

Analysts say bitcoin lacks proof it can protect against rising prices, raising questions about its real value when costs go ...