Odaily Daily Planet News Ameriprise Financial Chief Economist Russell Price expects overall PCE to rise 0.3% month-on-month in December, and core PCE to rise 0.2%, in line with market expectations. Economists generally expect that core PCE will continue to decline in the coming months, despite sticky service prices still exerting upward pressure on the index. Russell Price added analysis: 'Maintaining a pause is a very rational and reasonable view, and it is expected that the Fed will cut interest rates by 25 basis points at the June meeting.' (Jinshi)
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Economistas: Espera-se que o núcleo PCE desta semana arrefeça, com previsão de um corte de 25 pontos base na reunião de junho do Fed
Odaily Daily Planet News Ameriprise Financial Chief Economist Russell Price expects overall PCE to rise 0.3% month-on-month in December, and core PCE to rise 0.2%, in line with market expectations. Economists generally expect that core PCE will continue to decline in the coming months, despite sticky service prices still exerting upward pressure on the index. Russell Price added analysis: 'Maintaining a pause is a very rational and reasonable view, and it is expected that the Fed will cut interest rates by 25 basis points at the June meeting.' (Jinshi)