#FedPCEDataCameinLinewithExpectations


The inflation indicator most closely watched by the Federal Reserve was released: in line with expectations.
One of the inflation indicators most closely monitored by the Federal Reserve (Fed), the core PCE, rose as expected in May. The annualized core PCE increase reported in April was 3.3%, and in May it was announced at 3.4%.
The war has caused global oil prices to rise, making the core inflation indicator, which excludes energy and food costs, increasingly important. The "core Personal Consumption Expenditures (PCE)," a key inflation indicator for the Fed, rose as expected.
ShanDingMediaSiyu
#FedPCEDataCameinLinewithExpectations
The inflation indicator most closely watched by the Federal Reserve was released: in line with expectations.
One of the inflation indicators most closely monitored by the Federal Reserve (Fed), the core PCE, rose as expected in May. The annualized core PCE increase reported in April was 3.3%, and in May it was announced at 3.4%.
The war has caused global oil prices to rise, making the core inflation indicator, which excludes energy and food costs, increasingly important. The "core Personal Consumption Expenditures (PCE)," a key inflation indicator for the Fed, rose as expected.
The highest level since October 2023...
The annualized increase in core PCE in May was 3.4%; the increase in April was 3.3%. The month-over-month increase was reported at 0.3%. The annualized core PCE increase hit its highest level since October 2023. Meanwhile, the annualized increase in the overall PCE, which includes all prices, was reported at 4.1%; this figure is the highest since April 2023.
Although the Fed places great importance on PCE data, the core PCE, which presents a more stable picture over the long term, is even more significant in this regard.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • Repost
  • Share
Comment
Add a comment
Add a comment
BlackBullion_Alpha
· 1h ago
Ape In 🚀
Reply0
BlackBullion_Alpha
· 1h ago
HODL Tight 💪
Reply0
Mr_Shah
· 3h ago
To The Moon 🌕
Reply0
Mr_Shah
· 3h ago
2026 GOGOGO 👊
Reply0
HighAmbition
· 3h ago
Just go for it 👊
Reply0
ybaser
· 3h ago
2026 GOGOGO 👊
Reply0
ybaser
· 3h ago
2026 GOGOGO 👊
Reply0
ybaser
· 3h ago
2026 GOGOGO 👊
Reply0
Yunna
· 3h ago
Ape In 🚀
Reply0
Yunna
· 3h ago
Let's Freaking Go 🔥
View OriginalReply0
View More