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Inflation Swamps Income Gains As Fed Eyes Rate Hike, But S&P 500 Rises

Inflation Swamps Income Gains As Fed Eyes Rate Hike, But S&P 500 Rises | EN590 Commodities Group
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$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
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Inflation Swamps Income Gains As Fed Eyes Rate Hike, But S&P 500 Rises

2026-05-28T12:29:42+00:00
Source: finance.yahoo.com
EN590 COMMODITIES GROUP

The Federal Reserve's primary inflation gauge rose to the highest level since late 2023, leaving real incomes lower than a year ago in April, Bureau of Economic Analysis data revealed.

The data, which showed American's saving less to keep up their spending, came as oil prices relapsed amid renewed hopes for a quick U.S.-Iran peace framework.

The inflationary effects of… Copyright ©2026 Investor's Business Daily, LLC.

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Indicative Market Prices May 30, 2026 01:12 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
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