Core PCE Inflation
Core PCE Price Index — Historical Chart
130.3
▲ 3.29% YoYJun 2026
All-Time High
130.3
All-Time Low
15.5
Data Since
1959
Source: FRED / BEAShaded = NBER recessions
Core Personal Consumption Expenditures price index, excluding food and energy — the Federal Reserve's preferred inflation measure for its 2% target. Less volatile than CPI, it is slower to react to energy price swings. The FOMC explicitly targets this series.