The U.S. core PCE price index year-over-year rate in June recorded 2.6%, higher than expected.
PANews reported on July 26 that according to Jinshi, the US core PCE price index rose 6.2% year-on-year in June, higher than expected. US short-term interest rate futures rose slightly after the release of the inflation data; traders expect the Federal Reserve to keep interest rates unchanged in July and start cutting rates in September.
