The U.S. core PCE price index, the Fed's preferred measure of inflation, rose at an annual rate of 4.7% in April 2023, up from 4.6% the previous month. This result exceeded market expectations of 4.6%, which increased bets that the Federal Reserve will stick to its hawkish stance and keep interest rates high for a long time (PCE series data rebounded, showing that U.S. inflation is stubborn, and the Federal Reserve may maintain the pace of raising interest rates, The possibility of a rate cut this year has been further reduced, dampening market optimism).
Data performance
The annual rate of the core PCE price index in the United States in April was 4.7%, which was expected to be 4.60% and the previous value was 4.60%.
The annual rate of the PCE price index in the United States in April was 4.4%, expected to be 4.30%, and the previous value was 4.20%.
The monthly rate of personal expenditures in the United States in April recorded 0.8%, which was expected to be 0.40% and the previous value of 0.00%, a new high since January 2023.
The actual monthly rate of personal consumption expenditures in the United States in April was 0.5%, which was expected to be 0.30% and the previous value was 0.00%.
#广场狂热挑战赛 #PCE
Data performance
The annual rate of the core PCE price index in the United States in April was 4.7%, which was expected to be 4.60% and the previous value was 4.60%.
The annual rate of the PCE price index in the United States in April was 4.4%, expected to be 4.30%, and the previous value was 4.20%.
The monthly rate of personal expenditures in the United States in April recorded 0.8%, which was expected to be 0.40% and the previous value of 0.00%, a new high since January 2023.
The actual monthly rate of personal consumption expenditures in the United States in April was 0.5%, which was expected to be 0.30% and the previous value was 0.00%.
#广场狂热挑战赛 #PCE