What is the PCE index?

The Personal Consumption Expenditures (PCE) price index is the Federal Reserve's preferred inflation gauge, measuring price changes in goods and services purchased by consumers.

Why do Fed officials' speeches matter to investors?

Fed officials' speeches provide clues on the direction of monetary policy, especially regarding the timing of interest rate cuts, which impacts asset prices.

Costco Earnings, April PCE Inflation, FedSpeak: Key Events Thursday

Investors are bracing for a busy Thursday, May 28, with earnings from Costco (COST) and other retailers, the release of April PCE inflation data, and speeches from Federal Reserve officials.

By: Wrqti Editorial

May 28, 2026

2 min read

Source: Yahoo Finance Video

Investors are bracing for a busy Thursday, May 28, with a trio of major events: earnings from major retailers including Costco (COST), the release of the Federal Reserve's preferred inflation gauge (PCE) for April, and speeches from top Fed officials.

Retail Earnings

Costco (COST), Dollar Tree (DLTR), Best Buy (BBY), and Kohl's (KSS) are all reporting quarterly results on Thursday. Costco's results are particularly closely watched given its scale and resilience amid inflation.

Inflation Data (PCE)

The Personal Consumption Expenditures (PCE) price index for April is due out. Economists expect a slight moderation in inflation, which could bolster hopes for rate cuts later this year.

FedSpeak

Several Federal Reserve officials are scheduled to speak, offering potential clues on the path of monetary policy. Markets will parse their comments for any hints on the timing of rate cuts.

What It Means for Investors

Together, these events will provide a crucial test for markets, helping assess the health of the US economy and consumer spending amid high interest rates. Positive surprises in retail earnings or inflation data could lift stocks, while negative readings may trigger a selloff.

Frequently Asked Questions

Costco (COST) reports earnings on Thursday, May 28, 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.