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Jun 25, 2026

A key inflation measure hits a three-year high

Core inflation rose to 3.4% in May, according to this morning’s PCE report. We dig in.

A key inflation measure hits a three-year high — Scott Suchman for The Washington Post via Getty Images

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Segments From This Episode

Spirit to auction $80 million in takeoff and landing slots at LGA
by Henry Epp
Anthony Devlin/Getty Images
Spirit’s bankruptcy estate is auctioning off its access to New York’s LaGuardia Airport in order to repay the defunct airline’s creditors.
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The Team

Kimberly Adams Host
Meredith Garretson Morbey Supervising Senior Producer
Alex Schroeder Senior Producer
Ariana Rosas Producer
Erika Soderstrom Associate Producer
Tamar Faggen Assistant Producer
Ashley Rodriguez Assistant Producer
Emma Condon Assistant Producer
Dylan Miettinen Digital Producer
Brian Allison Audio Engineer
David Schreck Audio Engineer
Sam Keenan Audio Engineer