The first inflation report under new Fed chief Kevin Warsh shows prices at highest in nearly 3 years

Source CBS Local
Original Load Date May 28, 2026, 9 a.m.
Last Updated May 28, 2026, 9 a.m.
Original URL https://www.cbsnews.com/chicago/news/pce-report-today-inflation-kevin-warsh-federal-reserve/

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The first inflation report under [ new Federal Reserve chief Kevin Warsh ][1] was released on Thursday, and it shows consumer prices in April were at their highest level in almost three years. The personal consumption expenditures price index — the Fed's preferred inflation measure — rose last mon...