FX.co ★ US PCE Prices Hold Steady at 4.5% in Q1 2026, Signaling Stalled Disinflation

Personal Consumption Expenditures (PCE) prices in the United States remained unchanged in the first quarter of 2026, holding at 4.5%. According to data updated on 28 May 2026, the indicator matched its previous reading of 4.5% from the same period, the first quarter of 2026, indicating no further easing in price pressures over that timeframe.

The flat reading suggests that, at least for the first quarter, inflation dynamics have paused rather than continued on a clear downward path. With PCE prices stuck at 4.5%, markets and policymakers may view the latest figures as a sign that underlying price pressures are proving persistent, rather than steadily receding. Investors and analysts are likely to watch upcoming quarters closely for confirmation of whether this marks a temporary plateau or a more entrenched trend in US inflation.