Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
US PCE Index Forecast to Rise to 2.9%: Inflation Signal Fed Is Closely Monitoring
According to the latest information, the important US PCE price index inflation data is expected to be released with a 2.9% increase compared to the same period last year, up 0.1% from the previous figure of 2.8%. This is a notable change amid the Fed’s continuous monitoring of inflation indicators to make monetary policy decisions.
PCE—short for “Personal Consumption Expenditures”—is one of the key core consumer inflation measures considered important in the US. Developed by the Bureau of Economic Analysis under the US Department of Commerce, this index has become a tool for assessing price pressures in the US economy.
The Fed regards US PCE as a key inflation measurement tool
Since 2002, the Federal Reserve (Fed), through the Federal Open Market Committee (FOMC), has officially chosen the core PCE price index as one of the primary measures to monitor its 2% inflation target. This choice reflects the importance of US PCE in shaping monetary policy.
The significance of US PCE data for the market
The increase from 2.8% to 2.9% may suggest that price pressures continue to persist. Small changes in the PCE index are closely watched by market analysts, as they can influence expectations about upcoming monetary policy moves by the Fed. Understanding US PCE helps investors better grasp the macroeconomic situation and can impact asset decisions.