Tonight's initial weekly jobless claims: previous value 23.9, expected 23.6, announced 23.3. The strong economy is good for the US economy!
The US GDP in the first quarter: previous value was 1.3%, expected was 1.3%, announced was 1.4%, slightly higher by 1 percentage point, which is in line with the data!
Actual personal consumption expenditures in the first quarter of the United States: previous value was 2%, expected was 2%, and announced was 1.5%. What contradicts the economic growth is that consumer spending has dropped sharply, which is not easy to imagine. Be alert to the rebound in inflation data, but because the data is for the first quarter, there is no need to panic too much!
The final value of the annualized quarterly rate of the U.S. core PCE price index in the first quarter: the previous value and the expected value were both 3.6%, and the announced value was 3.7%, which is unfavorable for interest rate cuts!